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8. Sal, Harry, and Coleman have capital balances of $15,000, $48,000, and $88,000. The partners share profit as 1:1:3, respectively. The partnership had net

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8. Sal, Harry, and Coleman have capital balances of $15,000, $48,000, and $88,000. The partners share profit as 1:1:3, respectively. The partnership had net income of $115,000 for the year. Journalize the dosing entry to allocate the net Income (Record dabits first, then credits Select the explanation on the last line of the joumal entry table) Data Accounts and Explanation Debit GOLD

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