Please only answer if you know the answer. I have posted this twice and both times received incorrect answers that didn\'t even match up to the journal format. The account tile options are: salaries expense, Terrell Capital, Donley Capital, Account receivable, distributions, accounts payable, Pinkston capital, Lamar Capital and Cash. At April 30, partners\' capital balances in PDL Company are: G. Donley $51,400, C. Lamar $50,100, and J. Pinkston $15,200. The income sharing ratios are 5 4: 1, respectively. On May 1, the PDLT Company is formed by admitting ·Terrell to the firm as a partner Journalize the admission of Terrell under each of the following independent assumptions. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) (1) (2) (3) (4) Terrell purchases 50% of Pinkston\'s ownership interest by paying Pinkston $16,140 in cash. Terrell purchases 331/3% of Lamar\'s ownership interest by paying Lamar $15,450 in cash. Terrell invests $63,100 for a 30% ownership interest, and bonuses are given to the old partners Terrell invests $43,500 for a 30% ownership interest, which includes a bonus to the new partner No. Account Titles and Explanation Debit Credit 1. 2. 3. Lamar\'s capital balance is $31,570 after admitting Terrell to the partnership by investment. If Lamar\'s ownership interest is 20% of total partnership capital, what were Terrell\'s cash investment and the bonus to the new partner? Terrell\'s cash investment Bonus to new partner Solution I have already answered this question once. .

1. Please only answer if you know the answer. I have posted this twice and both times received
incorrect answers that didn't even match up to the journal format. The account tile options are:
salaries expense, Terrell Capital, Donley Capital, Account receivable, distributions, accounts
payable, Pinkston capital, Lamar Capital and Cash.
At April 30, partners' capital balances in PDL Company are: G. Donley $51,400, C. Lamar
$50,100, and J. Pinkston $15,200. The income sharing ratios are 5 4: 1, respectively. On May 1,
the PDLT Company is formed by admitting ·Terrell to the firm as a partner Journalize the
admission of Terrell under each of the following independent assumptions. (Credit account titles
are automatically indented when amount is entered. Do not indent manually.) (1) (2) (3) (4)
Terrell purchases 50% of Pinkston's ownership interest by paying Pinkston $16,140 in cash.
Terrell purchases 331/3% of Lamar's ownership interest by paying Lamar $15,450 in cash.
Terrell invests $63,100 for a 30% ownership interest, and bonuses are given to the old partners
Terrell invests $43,500 for a 30% ownership interest, which includes a bonus to the new partner
No. Account Titles and Explanation Debit Credit 1. 2. 3. Lamar's capital balance is $31,570
after admitting Terrell to the partnership by investment. If Lamar's ownership interest is 20% of
total partnership capital, what were Terrell's cash investment and the bonus to the new partner?
Terrell's cash investment Bonus to new partner
Solution
I have already answered this question once.