On December 31, 2024, Darrius and Gallant agree to combine their sole proprietorships into a partnership. Their balance sheets on December 31 are shown as follows: E: (Click the icon to view the balance sheets.) Data Table Read the requirements Requirement 1. Journalize the contributions of Darrius and Gallant to the partnership. (Record debits first, then, credits. Select explanations on the line of the journal entry table.) Darrius's Business Gallant's Business Current Current Market Book Value Market Value Book Value Value Journalize the contribution of Darrius. Assets Date Accounts and Explanation Debit Credit Cash $ 11,000 $ 11,000 Dec. 31 17,000 $ 19,000 17,000 $ 17,000 14.000 12.000 Accounts Receivable Merchandise Inventory 48,000 125,000 42,000 107,000 33,000 47,000 33,000 51,000 Plant Assets, Net $ 209,000 $ 183,000 $ 105,000 $ Total Assets 107,000 $ 21,000 $ 21,000 $ 15,000 $ 15,000 11,000 11,000 Liabilities and Owner's Equity Accounts Payable Other Accrued Payables Notes Payable Darrius, Capital Gallant, Capital 55,000 55,000 122,000 ? 90.000 $ 209,000 $ 183,000 $ 105,000 $ 107,000 Total Liabilities and Owner's Equity Print Done