ACCT 2302-71 Summer 2020 John Krautz 4 | 07/26/20 5:34 PM Homework: Chapter 17 Homework Save Score: 0 of 1 pt 2 of 4 (3 complete HW Score: 25%, 1 of 4 pts E17A-2 (similar to) Question Help o A. Lammers and B. Stall have decided their partnership camings will be shared as follows: (a) 10% interest allowance on capital balances at beginning of year, (b) remainder to be shared equally, Capital balances of Lammers and Stall at the beginning of the year are $82,000 and $20.000, respectively. Not income is $13,000 for the year. Record the joumal entry to update the capital balances of Games and on December 31. (Record the debits first, then credits. Exclude explanations from joumal entries) Date PR Dr Cr. Journal Entry Accounts 31 Income Summary A Lammers, Capital B. Stall, Capital 13,000 Dec 9,150 USO tap on the red arrows to see incorrect answers, Similar Question ACCT 2302-71 Summer 2020 Homework: Chapter 17 Homework 2 of 4 (3 complet Score: 0 of 1 pt X E17A-2 (similar to) A. Lammers and B. Stall have decided their partnership earnings will be shared as follows: (a) 10% interest allowanc Lammers and Stall at the beginning of the year are $82,000 and $29,000, respectively. Net income is $13,000 for the 31. (Record the debits first, then credits. Exclude explanations from journal entries.) Date PR Cr. Journal Entry Accounts 31 Income Summary A. Lammers, Capital B. Stall, Capital Dr. 13,000 Dec. 9,150 3,850 This question is complete. Move your cursor over or tap on the red arrows to see incorrect answers All parts showing