A Partnership Recorded the Following Journal Entry This Entry Reflects:
A)Acceptance of a New Partner Who Invests

Multiple Choice

A partnership recorded the following journal entry:
$\begin{array}{|l|l|l|}\hline\text { Cash} & 70,000 & \\\hline \text { B. Tanner, Capital } & 10,000 & \\\hline \text { R. Jackson, Capital } & 10,000 & \\\hline \text { H. Rivera, Capital } & & 90,000 \\\hline\end{array}$
This entry reflects:

A) Acceptance of a new partner who invests $70,000 and receives a $20,000 bonus
B) Withdrawal of a partner who pays a $10,000 bonus to each of the other partners
C) Addition of a partner who pays a bonus to each of the other partners
D) Additional investment into the partnership by Tanner and Jackson
E) Withdrawal of $10,000 each by Tanner and Jackson upon the admission of a new partner