1.5 points Save Answer The Struter Partnership has total partners' equity of $380,000, which is made...

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1.5 points Save Answer The Struter Partnership has total partners' equity of $380,000, which is made up of Main, Capital, $260,000, and Frist, Capital, $120,000. The partners share net income and loss in a ratio of 70% to Main and 30% to Frist. On November 1, Adison is admitted to the partnership and given a 20% interestin equity and a 20% share in any income and foss Assume Adison invests cash of $65,000. What would be the journal entry to record the admission of Adison. O Dr.Cash 65,000, Dr. Main, Capital 16,000; Dr.Frist, Capital 7,000, Cr. Adison, Capital 89,000 O Dr.Cash 65,000, Dr Main, Capital 16,800, Cr Frist, Capital 7,000; Cr. Adison, Capital 89,000 O Dr.Cash 65,000, Cr Main, Capital 16,800, Cr Frist, Capital 7,200, Cr. Adison, Capital 89,000 O Dr Cash 65,000, Dr Main, Capital 16,800; Dr.Frist, Capital 7,200, Cr. Adison, Capital 89,000 1.5 points Save Answer The Struter Partnership has total partners' equity of $380,000, which is made up of Main, Capital, $260,000, and Frist, Capital, $120,000. The partners share net income and loss in a ratio of 70% to Main and 30% to Frist. On November 1, Adison is admitted to the partnership and given a 20% interestin equity and a 20% share in any income and foss Assume Adison invests cash of $65,000. What would be the journal entry to record the admission of Adison. O Dr.Cash 65,000, Dr. Main, Capital 16,000; Dr.Frist, Capital 7,000, Cr. Adison, Capital 89,000 O Dr.Cash 65,000, Dr Main, Capital 16,800, Cr Frist, Capital 7,000; Cr. Adison, Capital 89,000 O Dr.Cash 65,000, Cr Main, Capital 16,800, Cr Frist, Capital 7,200, Cr. Adison, Capital 89,000 O Dr Cash 65,000, Dr Main, Capital 16,800; Dr.Frist, Capital 7,200, Cr. Adison, Capital 89,000