The Distance Plus partnership has the following capital balances at the beginning of the current year along with respective profit and loss percentages: Each of the following questions should be viewed independently. a. If Sergio invests $150,000 in cash in the business for a 20 percent interest, what journal entry is recorded? Assume that the bonus method is used. b. If Sergio invests $80,000 in cash in the business for a 20 percent interest, what journal entry is recorded? Assume that the bonus method is used. c. If Sergio invests $100,000 in cash in the business for a 20 percent interest, what journal entry is recorded? Assume that the goodwill method is used. If Sergio invests $150,000 in cash in the business for a 20 percent interest, what journal entry is recorded? Assume that the bonus method is used. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) If Sergio invests $80,000 in cash in the business for a 20 percent interest, what journal entry is recorded? Assume that the bonus method is used. (If no entry is required for a transaction/event, select " No journal entry required" in the first account field.) Journal entry worksheet Record the admission of new partner under bonus method. Note: Erter dotits botore creats Complete this question by entering your answers in the tabs below. If Sergio invests $100,000 in cash in the business for a 20 percent interest, what journal entry is recorded? Assume that the goodwill method is used. (If no entry is required for a transaction/event, select "No joumal entry required" in the first account field.) Journal entry worksheet Record the entry for goodwill allocation, during the admission of a new partner. Noter Lnter debits toufore credes