Question: Please answer only if you are 100%sure. show to calculation properly. Thank you 3. ABC Partnership has the following capital balances and profit and loss

Please answer only if you are 100%sure. show to calculation properly. Thank you

3. ABC Partnership has the following capital balances and profit and loss percentages. A (40% $100,000 B (30% $200,000 C (30%) $300,000 D will pay a total of $200,000 to the three partners in a privately negotiated transaction to acquire a 25% ownership interest. The goodwill method is to be used. a. Prepare the journal entry (or entries) required by the ABC partnership. b. What is balance in B's capital account after the admittance of D

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