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b. March 20, 2020 View transaction View journal entry worksheet No + Dute Mar 20, 2020 General Journal Amelie Livel, with was Cah Obit 100

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b. March 20, 2020 View transaction View journal entry worksheet No + Dute Mar 20, 2020 General Journal Amelie Livel, with was Cah Obit 100 200 104.200 On April 1, 2019, Guy Comeau and Amelle Lavoi formed a partnership in Ontario, Contribution Profit sharing Comeau Lavoi $315,900 cash $194,000 tand $139, 400 building $157,900 salary allowance 5% of original 54 of original capital investments capital investments 40% of retaining 60% of remaining $106,280 Cash withdrawal March 20, 2020 Net Income during the year was $543,200 und was in the Income Summary account On April 1, 2020 Travis Roberts invested $142,100 and was admitted to the partnership for a 20% Interest in equity Required: 1. Prepare Journal entrles for the following dates 1. April 1, 2019 View transaction lit View journal entry worksheet No General Journal Credit Date April 01, 2010 Cash Land Building Guy Comeau, capital Amele Lavol, capital Debit 315.000 194.000 139.400 315.000 333.400 c. March 31, 2020 View transaction list View journal entry worksheet No General Journal Credit Date Mar 31, 2020 Debit 543,200 1 Income summary Guy Comeau, capital Amello Lavol, capital 217.280 325,820 d. April 1, 2020 View transaction list View journal entry worksheet No Deneral Journal Date April 01, 2020 Credit 1 162.100 Cash Guy Comeau, cap Amelie Lave capital Travis Robert, capital lo 101460 2. Calculate the balance in each partner's capital account immediately after the April 1, 2020, entry Comenu, capital Lovol, captal Roberto

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