Hello, I have the following revision question with no answers and I need the answers to match with my practice, explaining is better to be provided.

Review questions 40.1 Jack and Wellie enter a joint venture to share profits or losses equally resulting from deal- ings in second-hand, TVs. Both parties take an active part in the business, each recording their own transactions. They have no joint banking account or separate set of books. 2017 July 1 Jack buys four TVs for a total of $3,000. 3 Jack pays for repairs f1,600. 4 Wellie pays office rent 1900 and advertising expenses f300. 6 Wellie pays for packaging materials 190. 7 Wellie buys a TV in excellent condition for f1,600. 31 Jack sells the five TVs to various customers, the sales being completed on this date and totalling f8,300. Show the relevant accounts in the books of both joint venturers. 550