Quiz navigatio 1 Part A: Answer all the following questions (6 marks each) 1. Mohammed is admitted to the partnership of Rashed & Ameer. Prior to his admission, the partnership books show Rashed's capital balance at OR 25,000 and Ameer's capital at OR 50,000. Assume Rashid and Ameer share profits and losses equally Required 2 3 10 11 Make the partnership journal entry to record the admission of Mohammed, suppose that Mohammed invests OR 15,000 to acquire a 1/3 interest in the partnership Finish attempt 2 Al-Teeb Company issued OR 40,000, 3.5%, 15-year bond payable at 104 on January 1, 2018 Required: a Journalize the issuance of the bond payable on January 1, 2018 b. Journalize the payment of semiannually interest and amortization of the bond discount or premium on July 1, 2018 3 True Discount Furniture, Inc., completed the following treasury stock transactions a. Purchased 8,000 shares of the company's $10 par common stocks as treasury stock, paying cash of $25 per share. b Sold 3500 shares of the treasury stock for cash of $30 per share. Sold the remaining shares of the treasury stock for cash of $20 per share. Required: Journalize these transactions C