Please also try to answer c.

Gant and Morris Partnership have partner capital account balances as follows: The partners share profits and losses in the ratio of 6:4. Prepare the journal entry on the books of the partnership to record the admission of Lars as a new partner if Lars invests $126,000 in the partnership for a one-third interest in partnership capital. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) eTextbook and Media Attempts: 0 of 1 used (c) The parts of this question must be completed in order. This part will be available when you complete the part above