K. Ison (beginning capital, $44,000) and I. McCoy (beginning capital $70,400) are partners. During 2021, the partnership reported profit of $52,800, and Ison made drawings of $13,200 while McCoy made drawings of $17,600. Assume the partnership agreement calls for profit to be divided 55% to Ison and 45% to McCoy. Prepare the journal entry to close the Income Summary account. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Account Titles and Explanation (To close Income Summary.) eTextbook and Media Debit Credit Assume the partnership agreement calls for profit to be divided with a salary of $26,400 to K. Ison and $17,600 to I. McCoy. with the remainder divided 55% to Ison and 45% to McCoy. Prepare the journal entry to close the Income Summary account. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Account Titles and Explanation (To close Income Summary.) eTextbook and Media Debit Credit Assume the partnership agreement calls for profit to be divided with a salary of $35,200 to K. Ison and $26,400 to 1. McCoy. interest of 10% on beginning capital, and the remainder divided 50%-50%. Prepare the journal entry to close the Income Summary account. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Account Titles and Explanation (To close Income Summary.) Debit Credit