1. On October 1, 2015, Ryan T. becomes a partner in an existing partnership with Marie C. and Jonathan L Ryan purchases of each existing partner's interest. Prior to the transaction, Marie's capital account had a balance of $72,000 while Jonathan's had a balance of $66,000. Prepare the journal entry to record the transaction and determine the account balances of each partner's capital accoun t afterwards. 2. On September 15, 2015, Alex M. purchases interest in a partnership from Taylor P. and Alex purchases of Taylor's $33,000 partnership interest and of Thomas $100,000 partnership interest. Prepare the journal entry to record the transaction. Also determine each partner's interest afterwards, rounding to the nearest whole percentage. 3. Laura B. becomes a partner in the J&J Partnership on November 1, 2015, by purchasing an interest from the existing partners. Laura purchases interest. Prepare the journal entry to record the transaction. Also determine each partner's capital account balance after the admittance of the new partner of James G.'s $50,000 interest and of Josh T.'s S90.000 4. On October 1, 2015, Ryan T. becomes a partner in an existing partnership by contributing equipment that has a value of $54,000. Prepare the journal entry to record the admittance of the new partner. What effect does the transaction have on the partnership's net assets and owners' equity? 5. In exchange for interest in an existing partnership, Cody L contributes a building worth $75,000 to the partnership. Cody also contributes the $16,000 note payable for the building to the partnership. Prepare the journal entry to record the Cody L's admittance on January 3, 2015. Also determine the effect of the transaction on the company's balance sheet. 6. Regan T. becomes a partner in n existing partnership by contributing cash of $10,000 and inventory worth $12,000 to the partnership on March 5, 2015. Prepare the journal entry to record the transaction and determine the effect on the partnership's net assets and owners' equity