FULL SCREEN INTER BACK NEET Question 22 The Gant and Morris Partnership have partner capital account balances as follows: Gant, Capital $189,000 Morris, Capital 63,000 The partners share profit and losses in the ratio of 64 Prepare the journal entry on the books of the partnership to record the admission of Lars M a new partner Lars pays $106,500 to Gant and $40,500 to Morris for one-half of each of their ownership Interest in a personal transaction. (Credit account titles are automatically indented when the amount is entered. Do not indent manually) Account Titles and Explanation Debit Credit LINK TO TEXT By accessing this Question Assistance, you will learn while you earn points based on the Point Potential policy set by your instructor Attempts: 0 of 15 used SUBMIT