Sasha McBride and lan Jordan, who have ending capital balances of $90,000 and $40,000 respectively, were to admit two new partner to their business on May 1 20- Paul Menende will buy 30% of McBride's equity Interest for $35.000 and 20% of Jordan's equity interest for $22.000. Alice Domki will invest $38,000 in the business for which she will receive a $38,000 equity interest Required: 2. Prepare the journal entries showing the above transactions admitting Menendez and Domski to the partnership 2. Calculate the ending capital balances for all four partners after the above transactions GENERAL JOURNAL Page 1 Post Date Description Ref. Debit Credit