On My 1, 2015, Judith Grimm, Jun Toys, wid Muy Graham fomed a partnership by inwenting $140,000, 5110,000, and $120.000 mpectively Dung the remainder of the you, Judith Gwm withdrew ch of $27,000, Jan Taylor withdrew 5:36,000 and Mary Cham withdrew 345,000 In addition, the following schedule shows how not loss is allocated Judi Jane Mary Graham Nellows Hot (41.100) 15,000 7.000 22,000 21.000 5100 24,000 5.000 30,000 berend Total stay and interest Remarder to be located Remerocated between partners Balance of net loss to be located Tot to be located to each partner (40,000) (40,000) (40,000) (78.00) (120.0001 120.000 o (4100 (10,000) (13,500) (10,000) a) Prepare the entry to close the income summary account Enter an appropriate description and the data in the fortut domem (0.15an) Geir Joma Page 2 Account Explanation Debt b) Calculate the post-dosing balance in each partners' capital account Judith Grum Capital Jan Taylor Capital Mary Graham Captal