Talent a local HR consulting firm, has total partners' equity of $768,000, which is made up of Hall, Capital, $604,000, and Reynolds, Capital, $164,000. 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. $192,000 View transaction list Journal entry worksheet Record the admission of Morris. Note: Enter debits before credits General Journal Date July 01 Debit Credit Record entry Clear entry View general journal c. $114,000 View transaction list Journal entry worksheet Record the admission of Morris. Note: Enter debits before credits. Date General Journal Debit Credit July 01 Record entry Clear entry View general joumai