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The Struter Partnership has total partners' equity of $540,000, which is made up of Main, Capital, $378,000, and Frist, Capital $162.000 The partners share net

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The Struter Partnership has total partners' equity of $540,000, which is made up of Main, Capital, $378,000, and Frist, Capital $162.000 The partners share net income and loss in a ratio of 71% to Main and 29% to Frist. On November 1 Adison is admitted to the partnership and given a 20% interest in equity and a 20% share in any income and loss. Prepare Journal entries to record the admission of Adison for a 20% interest in the equity and a 20% share in any income and loss under independent assumption and loss ) Record the admission of Adison with an investment of $135.000 for a 20% interest in the equity and a 20% share in any income (2) Record the admission of Adison with an investment of $170.000 for a 20% interest in the equity and a 20% share in any income (3) Record the admission of Adison with an investment of $105,000 for a 20% interest in the equity and a 20% share in any income and loss and loss View transaction list Journal entry worksheet A 8 Record the admission of Adison with an investment of $135,000 for a 20% Interest in the equity and a 20% share in any income and loss. No Entdebit before credits Transaction General Journal Debit Credit (1) Record the admission of Adison with an investment of $135,000 for a 20% interest in the equity an and loss. (2) Record the admission of Adison with an investment of $170,000 for a 20% interest in the equity ar and loss (3) Record the admission of Adison with an investment of $105,000 for a 20% interest in the equity ar and loss View transaction list Journal entry worksheet

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