Talent, a local HR consulting firm, has total partners' equity of $798,000, which is made up of Hall, Capital, $619,000, and Reynolds, Capital, $179,000. The partners share profit/(losses) in a ratio of 80% to Hall and 20% to Reynolds. On July 1. Morris is admitted to the partnership and given a 20% interest in equity. Required: Prepare the journal entry to record the admission of Morris under each of the following unrelated assumptions, in which Morris Invests cash of: a. $199,500 View transaction list Journal entry worksheet < 1 Record the admission of Morris. Note: Enter debits before credits. Date July 01 General Journal Debit Credit b. $249,000 View transaction list Journal entry worksheet < 1 Record the admission of Morris. Note: Enter debits before credits. Date July 01 General Journal Debit Credit View general journal Clear entry Record entry c. $129,000 View transaction list Journal entry worksheet < 1 Record the admission of Morris. Note: Enter debits before credits. Date July 01 General Journal Debit Credit View general journal Record entry Clear entry