K$.$ Kolmer, C$.$ Eidman, and C$.$ Ryno share income on a $5$:$3$:$2$ basis. They have capital balances of $$27,400,$$$29,800,$ and

$$23,700,$ respectively, when Don Jernigan is admitted to the partnership.

Prepare the journal entry to record the admission of Don Jernigan under each of the following assumptions. $($Credit

account titles are automatically indented when amount is entered. Do not indent manually.$)$

a$.$ Don Jernigan purchases of $50\%$ of Kolmer's equity for $$19,600.$

b$.$ Don Jernigan purchases of $50\%$ of Eidman's equity for $$7,900.$

c$.$ Don Jernigan purchases of $33\frac{1}{3}\%$ of Ryno's equity for $$10,000.$

Account Titles and Explanation

Debit

Credit

a$.$

b$.$

c$.$