Question: f Sergio invests ( $ 145,000 ) in cash in the business for a 25 percent interest, what journal entry is recorded? Assume that the

 f Sergio invests \\( \\$ 145,000 \\) in cash in thebusiness for a 25 percent interest, what journal entry is recorded? Assumethat the bonus nethod is used. (If no entry is required fora transaction/event, select \"No journal entry required\" in the first account field.)Journal entry worksheet Record the admission of new partner under bonus method.

f Sergio invests \\( \\$ 145,000 \\) in cash in the business for a 25 percent interest, what journal entry is recorded? Assume that the bonus nethod is used. (If no entry is required for a transaction/event, select \"No journal entry required\" in the first account field.) Journal entry worksheet Record the admission of new partner under bonus method. Note: Enter debits before credits. If Sergio invests \\( \\$ 105,000 \\) in cash in the business for a 25 percent interest, what journal entry is recorded? Assume that the goodwill method is used. (If no entry is required for a transaction/event, select \"No journal entry required\" in the first account field.) Journal entry worksheet Record the investment made by the new partner in the business. Note: Enter debits before credits. The Distance Plus partnership has the following capital balances at the beginning of the current year along with respective profit and loss percentages: Each of the following questions should be viewed independently. a. If Sergio invests \\( \\$ 145,000 \\) in cash in the business for a 25 percent interest, what journal entry is recorded? Assume that the bonus method is used. b. If Sergio invests \\( \\$ 90,000 \\) in cash in the business for a 25 percent interest, what journal entry is recorded? Assume that the bonus method is used. c. If Sergio invests \\( \\$ 105,000 \\) in cash in the business for a 25 percent interest, what journal entry is recorded? Assume that the goodwill method is used. f Sergio invests \\( \\$ 90,000 \\) in cash in the business for a 25 percent interest, what journal entry is recorded? Assume that the bonus nethod is used. (If no entry is required for a transaction/event, select \"No journal entry required\" in the first account field.) Journal entry worksheet Record the admission of new partner under bonus method. Note: Enter debits before credits. If Sergio invests \\( \\$ 105,000 \\) in cash in the business for a 25 percent interest, what journal entry is recorded? Assume that the goodwill method is used. (If no entry is required for a transaction/event, select \"No journal entry required\" in the first account field.) Journal entry worksheet Record the entry for goodwill allocation, during the admission of a new partner. Note: Enter debits before credits

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