hey guys,

can you help me to prepare statement of partner equity thank you and is last picture and other are for your information

After closing the revenue and expense accounts, the proht for the year ended December 31, 2021 of the Mo & Molly partnership is $93,000. The partnership agreement specifies that profits and losses will be shared using the following formula, 1. Allocate salary allowances of $21,000 to Mo and $33,000 to Molly, Remaining profit (loss) is to be shared on a ratio of 2:1. 2. At the beginning of the year, Mo's capital account had a balance of $36,000 and Molly's capital account had a balance of $23,000, Mo withdrew $1,000 cash per month while Molly withdrew $2,000 per month from the partnership. (a) Your Answer Correct Answer (Used) Prepare a schedule to show how the profit will be allocated to the two partners MO & MOLLY Division of Proht Year Ended December 31, 2021 Molly Mo Total MO & MOLLY Division of Profit Year Ended December 31, 2021 Molly Mo Profit Salary allowance Mo 21.000 Molly 33.000 Total Proht remaining for allocation Fixed ratio Mo 26.000 Molly 13.000 Total Proht remaining for allocation Profit allocated to the partners 0.000 $ MO & MOLLY Division of Profit Year Ended December 31, 2021 Molly Mo Total 93,000 21.000 33,000 i 54.000 allocation 39.000 26.000 i 13.000 i 59000 location partners $ 2000 MO & MOLLY Statement of Partners' Equity Year Ended December 31, 2021 Mo Molly Total $ $ $ $ $ $