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Zahra and Batool are partners in Z&B Partnership with initial investment of $360,000 and $240,000, cospectively. They share income and foes by 3 2 ratio

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Zahra and Batool are partners in Z&B Partnership with initial investment of $360,000 and $240,000, cospectively. They share income and foes by 3 2 ratio respectively. They accepted Mariam as a new the partnership Required: Prepare Journal entries to record the admission of Mariam who invests cash of $180,000 in the partnership and receives 25% ownership Interest in the new partnership YOUR ANSWER SHOULD BE IN THE FOLLOWING FORM DO NOT USE BETWEEN NUMBERS Cash 100000 CAT00000 for the toolbar,prest ALTF101PC) or ALTH 10

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