I need some help with the Trial Balance Sheet

Part A (2019) Partnership A, B and Cisa kwin. You have been engaged as accountant to prepare financial statements for the year ended December 31, 2019 The partnership's trial balance is shown on the 2019 Tr. Bal." page (see tab below). Salary expenses listed on the trial balance are each partners withdrawals for the year Partnership protts are alocated based first on salaries, then on interest on opening capital balances then on a fixed ratio Salary allocation amounts are A B ### c Opening capital balances are: A S70 000 B S60,000 $70,000 Interest rate is 5% The food ratio is: A 2 B 3 C 5 Prepare year-end adjusting entrios. No descriptions are necessary. Allocate partnership profit or loss to each partner. Prepare the necessary adjusting entry. Post the adjusting entries and complete the trial balance. Prepare an income statement and statement of partners' capital for the year ended December 31, 2019 and a balance sheet at December 31 a. On December 31, 2020 new partner invests other assets into the partnership for a one-quarter ownership interest. An equal amount of capital is contributed by A, B, and C to make up the difference. At December 31, 2020, the partners' capital balances are as folows: 2DX00 B 180 000 C 190,000 570000 Fair value of other assets from D $50,000 b. Immediately after this, partner withdraws from the partnership. She is paid in cash the balance in her capital account plus a bonus, contributed equaly from the capital balances of AB, and D Bonus paid to C 18000 5 Prepare necessary adjusting entries al December 31, 2020 to record the admission of partner and the withdrawal of partner C. Show al calculations. The trial balance of A B and D) at December 31, 20121 after all adjustments have been made is as follows Cash Other Assets Accounts Payable A Capital 1. Capila C, Capital 83,000 80,000 140 000 7 000 7.000 9,000 163000 163,000 On January 1, 2022 the partnership is liquidated Other assets are sol 144000 Gains and losses are liquidated in a ratio of A 3 B 2 D 5 8 Print out the "Part. Liqu." page (see tab below). Complete the schedule. Assume any partner deficiency (debit balance) is repaid with cash by the applicable partner. 7 Prepare the oumal entries to record the liquidation. A, B, and Trial Balance At December 31, 2019 Adjusting Entries Dehit Credit Unadjusted Balonces Debit Credit 90.000 300),CXIC) 50,000 160,000 Adjusted Rolances Dehir Credit 90,000 300,000 50,000 1000.000 0 180,000 180,000 Account Title Cash Accounts Receivable licccunts Payable A, Capital A Withdrawals B, Capital B, Withdrawals C. Capital C, withdrawals Income Summary Fees Revenue Office Expense Salaries Expense A Salaries Expense- Salaries Expense C 200.000 200.000 0 0 500,000 500,000 300,000 110,000 140,000 150,000 1,090,000 300.000 110,000 140,000 150,000 1,090,000 1,090,000 0 0 1,090.COO Part A (2019) Partnership A, B and Cisa kwin. You have been engaged as accountant to prepare financial statements for the year ended December 31, 2019 The partnership's trial balance is shown on the 2019 Tr. Bal." page (see tab below). Salary expenses listed on the trial balance are each partners withdrawals for the year Partnership protts are alocated based first on salaries, then on interest on opening capital balances then on a fixed ratio Salary allocation amounts are A B ### c Opening capital balances are: A S70 000 B S60,000 $70,000 Interest rate is 5% The food ratio is: A 2 B 3 C 5 Prepare year-end adjusting entrios. No descriptions are necessary. Allocate partnership profit or loss to each partner. Prepare the necessary adjusting entry. Post the adjusting entries and complete the trial balance. Prepare an income statement and statement of partners' capital for the year ended December 31, 2019 and a balance sheet at December 31 a. On December 31, 2020 new partner invests other assets into the partnership for a one-quarter ownership interest. An equal amount of capital is contributed by A, B, and C to make up the difference. At December 31, 2020, the partners' capital balances are as folows: 2DX00 B 180 000 C 190,000 570000 Fair value of other assets from D $50,000 b. Immediately after this, partner withdraws from the partnership. She is paid in cash the balance in her capital account plus a bonus, contributed equaly from the capital balances of AB, and D Bonus paid to C 18000 5 Prepare necessary adjusting entries al December 31, 2020 to record the admission of partner and the withdrawal of partner C. Show al calculations. The trial balance of A B and D) at December 31, 20121 after all adjustments have been made is as follows Cash Other Assets Accounts Payable A Capital 1. Capila C, Capital 83,000 80,000 140 000 7 000 7.000 9,000 163000 163,000 On January 1, 2022 the partnership is liquidated Other assets are sol 144000 Gains and losses are liquidated in a ratio of A 3 B 2 D 5 8 Print out the "Part. Liqu." page (see tab below). Complete the schedule. Assume any partner deficiency (debit balance) is repaid with cash by the applicable partner. 7 Prepare the oumal entries to record the liquidation. A, B, and Trial Balance At December 31, 2019 Adjusting Entries Dehit Credit Unadjusted Balonces Debit Credit 90.000 300),CXIC) 50,000 160,000 Adjusted Rolances Dehir Credit 90,000 300,000 50,000 1000.000 0 180,000 180,000 Account Title Cash Accounts Receivable licccunts Payable A, Capital A Withdrawals B, Capital B, Withdrawals C. Capital C, withdrawals Income Summary Fees Revenue Office Expense Salaries Expense A Salaries Expense- Salaries Expense C 200.000 200.000 0 0 500,000 500,000 300,000 110,000 140,000 150,000 1,090,000 300.000 110,000 140,000 150,000 1,090,000 1,090,000 0 0 1,090.COO