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The capital accounts of Trent Henty and Tim Chou save balances of $142 900 and $85 800 respectively. Leanne Gilbert and Becky Cuke are to
The capital accounts of Trent Henty and Tim Chou save balances of $142 900 and $85 800 respectively. Leanne Gilbert and Becky Cuke are to be admitted to the pamerstin Gibert tupaanut of Henrys interest for $31.400 and one fourth of Chou's interest for $20,200 take contributes 374 500 cash to the partnership, for which she is to receive an ouership com et 574500 Required A on December 31, joumalze the entries to record the admission of Gaert and (2) Clarke. Refer to the chart of Accounts for exact worting of account bles B What are the capital Balance of each partner after the admission of the new partners A on December 31, journalve the entries to record the admission of (1) Gilbert and (2) Clarke Refer to the Chart of Accounts for exact wording of account es W30 JOURNAL DATE DESCRIPTION POST, REK DEBIT CREDIT ACCOUNT FOLIATION ASSETS LIABILITIES LOUITY 1 2 I Final Question B. What are the capital balances of each partner after the admission of the new partners? Partner Capital Balance Trent Henry, Capital $ $ Tim Chou, Capital LeAnne Gilbert, Capital GA Becky Clarke, Capital $
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