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At April 30. partners' capital balances in DES Partners are Dexter $44,000. Emley $26.000, and Sigle $24,000. The profit-sharing ratio is 5:3:2, respectively. On May 1, the DESW Partnership is formed by admitting Watson to the firm as a partner with 20% equity. Watson invests $23,500. Journalize the admission of Watson. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Debit Credit Date Account Titles and Explanation May 1 (To invest cash in business.) Watson invests $35.000. Journalize the admission of Watson (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Debit Credit Date Account Titles and Explanation May 1 > (To invest cash in business.) Watson invests $10,000. Journalize the admission of Watson. (Credit account titles are automatically indented when the amount is entered. Do not indent manually) Date Account Titles and Explanation Debit Credit May 1 (To invest cash in business.)