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T-Mobile LTE 3:45 PM 52% Done Photo ABC partnership (to which Daniel seeks admittance), the capital balances of Albert, Bert, and Connell, who share income

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T-Mobile LTE 3:45 PM 52% Done Photo ABC partnership (to which Daniel seeks admittance), the capital balances of Albert, Bert, and Connell, who share income in the ratio of 5:32 are Albert $550,000() Bert 30000 Connell 200,000 (2) 00,000() Based on the preceding information, what amount of goodwill will be recorded if Daniel invests h/ Bulsnus s560,000 for a thirty-five (35%) percent interest? lbert 550,00 Coreel 200 00 Bele Loso,09 io.oot , 45, 385 6,500 -1410, 5, Prepare the journal entry to record the admission of Daniel. Townal Entry 2. Using the information in 1. above prepare the entry to record Daniels admission if the bonus (no goodwill)l method is used. 560000 , 750 ,050 T00 Cash 560,000 1 3500 3,500

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