Required information [The following information applies to the questions displayed below] Meir, Benson, and Lau are partners and share income and loss in a 3.2.5 ratio (in percents: Meir 30%, Benson 20%; and Lau, 50%). The partnership's capital balances are as follows: Meir, $118,000: Benson, $79,000, and Lau, $203,000. Benson decides to withdraw from the partnership 2. Assume that Benson does not retire from the partnership described in Part 1. Instead, Rhode is admitted to the partnership on February 1 with a 25% equity. Prepare journal entries to record Rhode's entry into the partnership under each separate assumption Rhode invests (a) $133,333; (b) $97,333; and ($174.666 (Do not round your intermediate calculations.) View transaction list Journal entry worksheet