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8. Assume that Partner C sells her interest to the partnership for $25,000. How would this transaction be recorded using the bonus method? a. Debit C-Capital $30,000, Credit A-Capital $20,000, Credit B-Capital $10,000. b. Debit C-Capital $30,000, Credit A-Capital $15,000, Credit B-Capital $15,000. c. Debit C-Capital $30,000, Credit Cash $25,000, Credit A-Capital $2,500, Credit B-Capital $2,500. d. Debit C-Capital $25,000, Credit Cash $25,000.

9. Assume that Partner C sells her interest to the Partnership for $32,000. Using the goodwill method, what would be the goodwill traceable to the entire Partnership and Partner As share of that goodwill, respectively? Entire Partnership As Share a. Entire partnership: $8,000 As Share: $4,000 b. Entire partnership: $8,000 As Share: $3,200 c. Entire partnership: $10,000 As Share: $4,000 d. Entire partnership: $10,000 As Share: $5,000

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