Zeller, Acker, and Benton are partners with capital balances as follows: Zeller, $84,000; Acker, $69,000; and Benton, $147,000. The partners share incomes and losses in a 3:2:5 ratios. Dent is admitted to the partnership on May 1, 2014, with a 25% equity. Prepare General Journal entries to record the entry of
Dent into the partnership under each of the following unrelated assumptions:
a. Dent invests $100,000.
b. Dent invests $72,500.
c. Dent invests $131,000.