Talent, a local HR consulting firm, has total partners' equity of $790,000, which is made up of Hall, Capial, $615,000, and Reynoids, Capital, $175,000. The partners share profit/(losses) in a ratio of 75% to Hall and 25% 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. $197,500 Journal entry worksheet Record the admission of Morris. Journal entry worksheet Record the admission of Morris. Note: Enter debits beforn credits. c. $125,000