Tony has a Capital balance of $105,000, Cameron's balance is $70,000. Rayond pays $225,000 to purchase Cameron's interest in the Tony & Cameron partnership Cameron gets the full $225 000 Journalize the partnership's transaction to admit Rayond to the partnership on August 29. Record the transfer of ownership from Cameron to Rayond (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Journal Entry Date Accounts Debit Credit Aug 29