Question: Assignment/takeAssignmentMain.doFinvokeretakeAssignmentsessionLocator assiX D 0 TestDrive Beach Barkers Assignment Submis. O shapup Person to Finnissa udelhoven 0 My Marketinglab NPV calculate Calculator Yon Haggerdorf and Sue

Assignment/takeAssignmentMain.doFinvokeretakeAssignmentsessionLocator assiX D 0 TestDrive Beach Barkers Assignment Submis. O shapup Person to Finnissa udelhoven 0 My Marketinglab NPV calculate Calculator Yon Haggerdorf and Sue Lee, who have ending capital balances of $80,000 and $60,000, respectively, agree to admit two new partners to their business on April 1, 20. Carlos Sanchez will buy 1/4 of Haggerdorf's equity interest for $20,000 and 1/3 of Lee's equity interest for $25,000 directly from the partners. Carmen Della will invest $30,000 in the business for which she is to receive a $30,000 equity Interest. Required: a. Prepare general journal entries showing the above transactions admitting Sanchez and Della to the partnership. If an amount box does not require an entry, leave it blank. Page: 1 DATE DESCRIPTION PORT DEBIT CREDIT 1 Apr. 1 5 Apr. 1 b. Calculate the ending capital balances for all four partners after the above transactions Ending capital balances as of April 1, 20- Carmen Della Yon Haggerdorf Sue Lee Carlos Sanchez O AL 9 W Assignment/takeAssignmentMain.doFinvokeretakeAssignmentsessionLocator assiX D 0 TestDrive Beach Barkers Assignment Submis. O shapup Person to Finnissa udelhoven 0 My Marketinglab NPV calculate Calculator Yon Haggerdorf and Sue Lee, who have ending capital balances of $80,000 and $60,000, respectively, agree to admit two new partners to their business on April 1, 20. Carlos Sanchez will buy 1/4 of Haggerdorf's equity interest for $20,000 and 1/3 of Lee's equity interest for $25,000 directly from the partners. Carmen Della will invest $30,000 in the business for which she is to receive a $30,000 equity Interest. Required: a. Prepare general journal entries showing the above transactions admitting Sanchez and Della to the partnership. If an amount box does not require an entry, leave it blank. Page: 1 DATE DESCRIPTION PORT DEBIT CREDIT 1 Apr. 1 5 Apr. 1 b. Calculate the ending capital balances for all four partners after the above transactions Ending capital balances as of April 1, 20- Carmen Della Yon Haggerdorf Sue Lee Carlos Sanchez O AL 9 W

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