S. Pagan and T Tabor share income on a 7.3 basis. They have capital balances of $120,000 and $70,000 respectively, when W Wolford is admitted to the partnership Prepare the journal entry to record the admission of W. Wolford under each of the following assumptions S. Pagan and T Tabor share income on a 7.3 basis. They have capital balances of $120,000 and $70,000 respectively, when W Wolford is admitted to the partnership Prepare the journal entry to record the admission of W. Wolford under each of the following assumptions