On February 5, 2014. Tracy Righs and Carro Ford formed a partnership Tracy Rogn contributed $130.000 cirth and Game Ford contibuted equmont worth $130,000. Also the partnership assumed Carte Ford's 510.000 long term nolo payablo associated with the equipment The parties groed to share profits using a 52 to On November 18 Tracy Regis withdrew $10,000 and Carrie Ford withdrew $12.000 After the adjusting entries and the closing entries to the revenue and expense accounts, the income Summary account had a credit balance of $94.000 a) Prepare general journal entre for each of the following 1 To record the initial capital investments of the partners 2. To record the withdrawals of the partners 3. The December 31 closing of the income summary account 4 The December 31 closing of the withdrawals accounts a) Prepare general journal entries for each of the following 1. To record the initial capital investments of the partners 2 To record the withdrawals of the peutners 3. The December 31 closing of the income summary account 4 The December 31 closing of the withdrawals accounts Enter the numbers above as the explanation, and the dates in the format ddim (e. 15/Jan) General Journal Page 3 AccoundExplown F Debit Cat - + b) Enter the balance of the partners capital accounts as of the end of 2014 Balance of Tracy Regis, Capital Balance of Care Ford, Capital