1. Ardsley and Boris started the AB Partnership on January 1st. Ardsley contributed $100,000 and Boris contributed $200,000. Prepare the appropriate Journal entry. Cally and Dermot started the CD Partnership on January 1st. Cally contributed a truck with a fair market value of $50,000 and Dermot contributed $70,000 in cash. Prepare the appropriate journal entry 3. Ella and Fanny are 50%-50% partners in EF partnership. The partnership had net income of $500,000 for the year ending 12-31-20. Prepare the appropriate journal entry to close the income summary to the partners' capital accounts. 4. Georgia and Hattie are 70%-30% partners in the GH partnership. The partnership had a $200,000 loss for the year ending December 31, 2020. T Prepare the appropriate journal entry to close the income summary to the partners capital accounts. 5. Ingrid and Jackson are 50%-50% partners in IJ partnership. Jackson has a $50,000 guaranteed salary. The partnership had $300,000 net income for the year ending December 31, 2020. Prepare the appropriate journal entry to close the income summary to the partners capital accounts