SWeygandt, Accounting Principles, 12e Principles of Accounting 12e (ACC 171 Gradebook ORION Downloadable elextbook Problem 12-4A (Part Level Submission) kc d 0,rtaoi al bateoe m P Conrpany are G. Donley $51,.00, C. Lamar $6,00, and1, Pinkston $17 capital Donley $51,000, C. Lamar $46,00, and J. Pinkston $17,200. The income sharing ratios are 5 :4:1, respectively, On May 1, the PDLT Company s v (a) 2 Your answer is partially corect. Try agsn lournalize the admission of Terrell under each of the following independent assumptions. (Credir account titles are automatically indented when amount is entered. Do not indent manuall answers to 0 decimal places, e.g. s275 (1) Terrell (2) Terren purchases 33.4% ouamars ownershe nterest by paying Lamar S 14,600 m cash. (3) Terrel invests $62,000 for a 30% ownership interest, and bonuses are given to tbe old partners. (4) Terrell nvests $42,200 for a 30% oemership interest, wtwh rckades a bonus to the new partner. purchases 50% of Pnkston's ownership interest by paying Prkston S 15,200 in cash. No. Account Titles and Explanation Debit Credit errell, Capital udy wsin 4.24.14 SCREEN PRINTER C. Lamar, Capital Pinkston, Capital ). Terrell, Capital 46920 Attempts 3 of 3 used Lamar's capitni balance is $31, 00 alter adentting Terrell to the partnership by-vestrnent annmar's ownership interest is 20% of total partnership Capital, what bonus to the new partner? i ren cash- ost and (2 ' ere (1) Terreli's cash investment (2) Boms to new partner