very very urgent

Question 7 (6 points) Martin and Wilton are partners with capital balances as follows: Martin $200,000 and Wilton $250,000. The partners share profit and losses in a 1-3 ratio respectively. On January 1, Sloane is admitted into the partnership for a 10% ownership interest in exchange for an investment of cash into the partnership E Required: Prepare the journal entry on January 1 assuming Sloane invests $95.000 into the partnership