Mr$.$ Salman and Mr$.$ Shahrukh joined a partnership business for providing home design consultancy on $1$ January $2022.$ Their features of their contribution are:

Mr$.$ Salman

Mr$.$ Shahrukh

Cash

$ $31,000$

$$26,000$

Accounts Receivables

$7,500$

$5,000$

Office Supplies

$1,200$

$-$

Computer

$1,000$

$900$

Equipment

$3,000$

$3,500$

Office Possession

$16,500$

$20,000$

Accounts payable

$3,300$

$1,100$

Mortgage payables

$2,400$

Notes payables

$2,000$

On August $25,$ Shahrukh had withdrawn $$15,600$ and on September $11$ Mr$.$ Salman had invested an additional $$6,000$ in the business. The first years net profit stood at $$96,000$ and the allocation has to be made according to their individual investments.

Requirements

Prepare the journal entries for both the partners to record the transactions.