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What would be the journal entry to admit hisham in each case

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Amr and Tarek are partners, each has an interest of $22,000 and $23,000 respectively. they share profits and losses in the ratio of 6:4 Hisham is a new partner.

Hisham is a new partner;

case 1: Assume he'll purchase one fourth capital interest of each partner.

case 2: Assume he'll invest $15,000

case 3: Assume he'll invest $19,000

case 4: Assume he'll invest $12,600

to get 1/4 of the partnership.

Question 1: What would be the journal entry to admit Hisham in each case.

Reference no: EM132518592

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