The Gini and Scott Partnership had capital account balances as follows: Gini, Capital Scott, Capital $180,000 60,000 The partners share income and losses in the ratio of 60% to Gini and 40% to Scott. Instructions Prepare the journal entry on the books of the partnership to record the admission of Dyannand as a new partner using the following information: Dyannand invests $70,000 in the partnership for a one-third ownership in partnership capital. General Journal Page Date Particulars PR Debits Credits