I could use some help, not sure where I went wrong.

Entries and Balance Sheet for Partnership On April 1, 20Y1, Whitney Lang and Eli Capri form a partnership. Lang agrees to invest $18,000 cash and merchandise inventory valued at $48,600. Capri invests certain business assets at valuations agreed upon, transfers business liabilities, and contributes sufficient cash to bring his total capital to $121,000. Details regarding the book values of the business assets and liabilities, and the agreed valuations, follow: Capri's Ledger Agreed-Upon Balance Balance Accounts Receivable $27,500 $22,300 Allowance for Doubtful Accounts 1,200 1,500 Merchandise Inventory 32,000 42,900 54,000 Equipment 52,400 18,000 Accumulated Depreciation-Equipment 9,700 9,700 Accounts Payable 5,900 5,900 Notes Payable (current) The partnership agreement includes the following provisions regarding the division of net income: interest of 8% on original investments, salary allowances of $54,000 (Lang) and $32,900 (Capri), and the remainder equally. 1. Journalize the entries to record the investments of Lang and Capri in the partnership accounts. If an amount box does not require an entry, leave it blank. ACCOUNT DEBIT CREDIT Apr. 1 Cash 18,000 Merchandise Inventory 48,600 Whitney Lang, Capital 66,600 Apr. 1 Cash 9,500 X Accounts Receivable 22,300 Merchandise Inventory 42,900 Equipment 63,400 x Allowance for Doubtful Accounts 1,500 Accounts Payable 9,700 Notes Payable 5,900 1 ano FINLICIT 2. Prepare a balance sheet as of April 1, 20Y1, the date of formation of the partnership of Lang and Capri. Lang and Capri Balance Sheet April 1, 20Y1 Assets Current assets: Cash $ 27,500 x Accounts Receivable $ 22,300 Less Allowance for Doubtful Accounts 1,500 20,800 Merchandise Inventory 91,500 Total current assets S 139,800 x Property, plant, and equipment: Equipment 63,400 x Total assets $ 203,200 Liabilities Current liabilities: Accounts Payable 9,700 INILICI Notes Payable Read Total liabilities 5,900 $ 15,600 Partners' Equity Whitney Lang, Capital Eli Capri, Capital $ 66,600 Total partners' equity 121,000 Total liabilities and partners' equity 187,600 $ 203,200 . After adjustments at March 31, 20Y2, the end of the first full year of operations, the revenues were $419,000 and expenses were 251,000, for a net income of $168,000. The drawing accounts have debit balances of $59,000 (Lang) and $50,000 (Capri). Journalize the tries to close the revenues and expenses and the drawing accounts at March 31, 20Y2. If an amount box does not require an entry, ave it blank. ACCOUNT DEBIT CREDIT ar. 31 Revenues 419,000 Expenses 251,000 Whitney Lang, Capital 173,850 x Eli Capri, Capital 207,150 x SNOW IC NOW TULIETTI Mar. 31 3 Rea Revenues 419,000 Expenses 251,000 Whitney Lang, Capital 173,850 X Eli Capri, Capital 207,150 X Mar 31 Whitney Lang, Capital 59,000 Eli Capri, Capital 50,000 Whitney Lang, Drawing 59,000 Eli Capri, Drawing 50,000 Feedback Check My Work 1. Record assets and liabilities at their current values and record the appropriate allowance accounts if necessary for partner contributions, along with offsetting entries to the appropriate capital accounts. 2. The balance sheet for a partnership is a formal presentation of the accounting equation and includes the capital account balance for each partner in the equity section. These balances should equal the credits to the capital accounts in part 1. 3. Set up a column for each member and a total column. Allocate salary allowances and interest allowances. Allocate remaining income. Close revenue and expenses to the capital accounts. Close the drawing accounts to the capital accounts