Sue and Jill, who have ending capital balances of $80,000 and $60,000 respectively, agree to admit two new partners

Carlos will buy 1/2 of Sue's interest for $20,000 and 1/4 of Jill's interest for $25,000 directly from the partners. Carmen will invest $40,000 for a $40,000 equity interest. Journalize the entry to admit Carlos and Carmen.
What will be an ideal response?

Answer:
Sue, Capital 40,000
Jill, Capital 15,000
Cash 40,000
Carlos, Capital 55,000
Carmen, Capital 40,000