Ahmed (beginning capital, $60,000) and Salem (beginning capital $90,000) are partners. During 2017, the partnership earned net income of $80,000, and Ahmed made drawings of $18,000 while Salem did not make any drawings. Instructions (a) Assume the partnership income-sharing agreement calls for income to be divided 45% to Ahmed and 55% to Salem. Prepare the journal entry to record the allocation of net income.

(b) Assume the partnership income-sharing agreement calls for income to be divided with a salary of $30,000 to Ahmed and $25,000 to Salem, with the remainder divided 45% to Ahmed and 55% to Salem. Prepare the journal entry to record the allocation of net income.

(c) Assume the partnership income-sharing agreement calls for income to be divided with a salary of $40,000 to Ahmed and $35,000 to Salem, interest of 10% on beginning capital, and the remainder divided 50%50%. Prepare the journal entry to record the allocation of net income.

(d) Compute the partners ending capital balances under the assumption in part (c).

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