On January 7, 2014. Adam Uppe and Judith Grimm formed a partnership Adam Uppe contributed $140.000 cash and Judith Grimm contbuted tomobiles worth $100.000 the partnership assumed Judith Grimm's $20,000 long term note payable associated with the automobiles The partners agreed to share profits equally on September 21 Adam Up withdrew $18.000 and Judith Grimm withdrew $17.000 After the adjusting entries and the closing enters to the revenge and expense account the incomi Summary account had a balance of $57,000 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 partners 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 ( 15/Jan) Ganea Juma Page GUZ Accountanation F Debit Credit + + D) Enter the balance of the patient capital accounts as of the end of 2014 Banco Adam Upon Capital Balance of the Capital