8 A B C > x D E F G H 2. Bob and Chuck formed a partnership on July 1.2014. and invested the following assets: Bob Chuck Cash Realty $ 125,000 $ 65,000 $ 250,000 6 7 58 59 70 71 $ 5 The realty was subject to a mortgage of $25,000. which was assumed by the partnership. The partnership agreement provides that Bob and Chuck will share profits and losses in the ratio of one-third and two-thirds, respectively. Required: a. Record the partnership formation where no specific capital allocation is indicated in the agreement. 72 73 74 75 76 77 78 79 80 81 b. Record the partnership formation under the bonus method with each partner receiving an equal capital interest in the partnership. 82 83 84 85 86 87 88 89 90 91 92 c. Record the partnership formation under the goodwill method with each partner receiving an equal capital interest in the partnership.