The journal entry if Ahmad and All established a new partnership with $60,000 cash divided equally Select one: a. Debit: Ahmed capital 60,000. Credit: All capital 30,000 and cash 30,000 b. Debit: Ahmed capital 30,000 and All capital 30,000. Credit: cash 60,000 C. Debit: All capital 30,000 and cash 30,000. Credit: Ahmed Capital 60,000 d. Debit: cash 60,000. Credit: Ahmed capital 30.000 and All capital 30,000