ucture.com/courses/3319595/quizzes/secured lockdown erica Twitch LoL fantasy football Your stream on So... M connect chegg D O It is influenced by the entity theory of the partnership. O It allows recording goodwill for the original partnes or the new incoming partner. Use the following information for the next FIVE items The following facts were available about the XY Partnership on January 1st 2021 Percentage Interest in Existing Partners Capital Balance Capital Profit X $70,000 35% 25% Y 130,000 65 75 On that date, Partner Z was admitted and acquired a 30 percent interest in the partnership capital and profit and losses. Answer the following independent cases about the admission of Partner Z. D Question 4 3 pts Assume that Partner Z transferred to the partnership assets with a fair value of $81,000. How would the admission of Partner 7 he recorded if the partners agreed to use the bonus.method? MacBook Pro 8 80 13 GOD FA FS