please complete the entire sum

On February 1,2023, Tesso Williams and Audrey Xie formed a partnership in Ontario. Wiltiams contributed $94.000 cash and Xie contributed land volued at $134,000 and a small building valued at $194,000. Also, the parnership assumed responsibility for Xie's $144,000 ong-term note payable associated with the land and building. The parthers agreed to share profit or loss as follows Wiliams is to receive an annual salary allowance of $104,000, both are to receive an annual interest aliowance of 12% of their original capital investments, and any remaining profit or loss is to be shared equally. On November 20,2023 . Williams withdrew cosh of $74,000 ond Xie withdrew $59,000. After the adjusting entries and the closing entries to the revenue and expense accounts, the Income Summary account had o credit bolance of $174000 Required: 1. Present general journal entrles to record the inisal capital investments of the partners, their cash withdirawals, ond the December 31 closing of the income Summary and withdrawals accounts. \begin{tabular}{|c|c|c|c|c|c|c|} \hline 1 & February 01, 2023 & Cash & & 0 & 94,0000 & 37 \\ \hline & & Tessa Williams, captal & x & (2) & & 94,000 \\ \hline . & & Land & & & 134,0000 & \\ \hline & & Bulding & & 8 & 194,000 & \\ \hline 6 & & Long-term notes payable & & 0 & (3) & 144,0000 \\ \hline & & Audrey Xie, capital & & 0 & & 184.0000 \\ \hline & & x2 & & & & 1 \\ \hline \multirow[t]{5}{*}{2} & November 20,202 & Tessa Willams, withdrawais & & 0 & 74.0000 & 01 \\ \hline & & Cash & & 8 & 74,0008 & \\ \hline & & Audrey Xie windrawals & & & & 59,000 \\ \hline & 20 & Cash & & ( & & 59,000 \\ \hline & 58 & & & & & \\ \hline \multirow[t]{5}{*}{3} & Decomber 31.202 & income summary & & 0 & & \\ \hline & & Audtey Xee, withdrawas & & ( & & \\ \hline & & Audrey Xie, capital & & 0 & & \\ \hline & & Tessa Wiliarns, withdrawals & & (3) & & \\ \hline & & Tessa Wiliams, capital & & & & \\ \hline & & & & & & \\ \hline \multirow[t]{3}{*}{4} & December 31,202 & Income summary & & (3) & 174000 & \\ \hline & & Tessa Wifiams captal & & 0 & & 87,0000 \\ \hline & & Audrey Xie, capital & & x & & 87,000 \\ \hline \end{tabular} 2. Determine the ba onces of the parthers capitol accounts os of the end of 2023 Answer is complete but not entirely correct