John Janell, Shawna Cameron, and Steve Moore invested $45,000, $75,000, and $30,000, respectively in a partnership. During its first year, the firm recorded a net income of $99,900. Prepare general journal entries to close the firm's Income Summary account as of December 31, 2020 and to allocate the net income/loss to the partners under each of the following unrelated assumptions. Enter an appropriate description when entering the transactions in the journal. Dates must be entered in the format dd/mmm.

The partners agreed to share income by providing annual salary allowances of $22,500 to John Jarell, $37,500 to Shawna Cameron, and $15,000 to Steve Moore; allowing 10% interest on the partners' beginning investments; and sharing the remainder equally.