4. The Ronna & Pam Partnership has earned $300,00 this year is $150,000. Pam's opening capital balance is interest allowance on their opening capital balance. Also, Ron $65,000, while Pam gets a 'salary allowance of $35 YOU MUST SHOW ALL CALCULATIONS. this year. Ronna's opening capital balance for lance is $75,000. Assume that each partner gets 10% ary allowance' of $35.000. Their profit to loss sharing ratio is 50:50. e. Also, Ronna gets a 'salary allowance' of A: What is EACH partner's share of the Net Income to be added to Prepare a Division of Partnership Net Income table to calculate each p come to be added to their capital balance at year-end? le to calculate each partner's share. 12 PTS Panne gentes 75,000 Ronnas Opening cap 15 ojooo inrest experse B. Show the closing journal entry for the two partners' split of Net Income adjusting their capital balances. 3 pts. wear for eactal balances 550 000 withdrawals for the year for each partner. There were during the year. What is the ending capital balance for EACH TATEMENT OF PARTNERS' CAPITAL table. 10 PTS C: Further, assume there were $50,000 withdr additional capital contributions during the year PARTNER? PREPARE A STATEMENT OF PA