True or false. If false, explain

37. Admission of a new partner will not have an effect on total partnership capital if the new partner pays the old partner directly for his interest. 38. The dissolution of a partnership is the same as its liquidation. 39. When a new partner invests more than the proportionate share he receives in the partnership, a bonus is recorded to his capital account. 40. There will be no impact on the partnership's balance sheet when a partner withdraws from the business