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* Saved - Search mc Mailings Review View Help Table Design Layout Link Get Add-ins Bookmark Online My Add-ins Video Cross-reference A Quic 4 Wor artArt Chart Screenshot Reuse Files Comment Header Footer Page Number Text Box ADO Reuse Files Add-ins Media Links Comments Header & Footer Question # 3 (5 Marks) Ahmad and Banan have been in partnership, sharing profits and losses in the ratio 3:2. Share capital balances of $100,000 and $80,000, respectively. They agreed to admit Sozan to the partnership, with ownership interest and profits and losses being shared between Ahmad, Banan and Sozan in the ratio 5:3:2. Sozan Invest of $50,000 cash. Required: Prepare the journal entries to record the admission of Sozan: a) Goodwill method Debit Credit

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