III = 5:03 English (en) Take me to the text Alex Hemsley, Lacey Laffey and Madison Longshore, set up a general partnership known as LLH Partners at the beginning of 2023. Alex contributed a machine worth $48,000. Lacey contributed a van worth $28,800. Madison contributed $19,200 in cash. The partnership earned a net income of $13,800 for the year. According to the partnership agreement, profits are divided in the ratio of partners' initial contributions. Do not enter dollar signs or commas in the input boxes. Round your answers to the nearest whole number. Enter the debit accounts in alphabetical order, followed by the credit accounts in alphabetical order. Record the entry for the division of the profits on December 31, 2023. Assume that revenues and expenses have already been closed to the income summary account. 90 Date Account Title and Debi Explanation ameengage.com 5:03 = osed to the income English (en) - int. ount Title and Explanation e Summary sley, Capital y, Capital shore, Capital income summary ate partners' Iccounts 90 Debit Credit 13800 "button does not submit ubmit the attempt, go to and click on the "submit con. >mission: 5.00/8.00. ameengage.com 96000 x = 2:39 osed to the income English (en) 59 int. ount Title and Explanation e Summary sley, Capital y, Capital shore, Capital income summary 'ate partners' Iccounts Debit Credit 13800 "button does not submit ubmit the attempt, go to and click on the "submit con. >mission: 5.00/8.00. ameengage.com 96000 2:39 = English (en) already been closed to the income summary account. 69 Account Title and Date Debi Explanation Dec Income Summary 13800 31 Hemsley, Capital Laffey, Capital Longshore, Capital + To close income summary and update partners' capital accounts Check Note: The "check" button does not submit your attempt.To submit the attempt, go to the end of the quiz and click on the "submit all and finish" button. Partially correct Marks for this submission: 5.00/8.00. ameengage.com III = 5:03 English (en) Take me to the text Alex Hemsley, Lacey Laffey and Madison Longshore, set up a general partnership known as LLH Partners at the beginning of 2023. Alex contributed a machine worth $48,000. Lacey contributed a van worth $28,800. Madison contributed $19,200 in cash. The partnership earned a net income of $13,800 for the year. According to the partnership agreement, profits are divided in the ratio of partners' initial contributions. Do not enter dollar signs or commas in the input boxes. Round your answers to the nearest whole number. Enter the debit accounts in alphabetical order, followed by the credit accounts in alphabetical order. Record the entry for the division of the profits on December 31, 2023. Assume that revenues and expenses have already been closed to the income summary account. 90 Date Account Title and Debi Explanation ameengage.com