1. Journalize the entries to record the investments of Lang and Copri in the parthership accounts, If an amount bov does not require an entry, leave it blank. 3. After adjustments at March 31,20Y2, the end of the first full year of operations, the revenues were $445,000 and expenses were $368,000, for a net income of $77,000. The drawing accounts have debit balances of $27,000 (Lang) and $23,000 (Capri). Journalize the entries to close the revenues and expenses and the dram accounts at March 31,20Y2. If an amount box does not require an entry, leave it blank. 9 w 4. Entries and Balance Sheet for Partnershis business assets at valuations agreed upon, tranafers business liabities, and contributes sufficient cash to bring his total copital to 164,000 . Details regarding the book values of the bisiness assets and liablities, and the egreed valuations, follow: The partnership agretment includes the following prowsions regarding the division of net income: interest of 10% on original imvestments, salary alowances of s26,500 (Lang) and $17,400 (Capro), and the remuinder equally. Required: 1. Journalire the entries to record the investments of Lang and Capri in the parthership accoounts. If an amount box does not reguire an entry, leave it blank. 577,000 . The drawing accounts have debit balantes of 527,000(Lang) and $23,000(Capn). Jourhalue the entries to close the reveruts and expensis and the drawing sccounts at March 31, zorz. If an amount box dots not require an entry, leave is Bank