On April 1, 2019, Guy Comeau and Amelie Lavoi formed a partnership in Ontario.

	Comeau		Lavoi
Contribution	$298,000 cash		$194,000 land
			$144,900 building
Profit sharing	$178,100 salary allowance
	5% of original capital investments		5% of original capital investments
	40% of remaining		60% of remaining
Cash withdrawal March 20, 2020			$123,900

Net Income during the year was $576,800 and was in the Income Summary account. On April 1, 2020 Travis Roberts invested $136,600 and was admitted to the partnership for a 20% interest in equity.

1. Prepare journal entries :

a. April 1, 2019 :Record the formation of partnership.

b. March 20, 2020 : Record the withdrawal by partner.

c. March 31, 2020 : Record the closing of profit to capital

d. April 1, 2020 : Record the admission of Wilems for a 20% interest.

2. Calculate the balance in each partners capital account immediately after the April 1, 2020, entry.