please help in requirement 3 please

Requirements 1. Journalize the entry to close net income to the partners. 2. Journalize closing the partners' withdrawal accounts. Explanations are not required. 3. Calculate the balances in each partners' capital account after allocation of net income and partners withdrawals of cash. (Assume the partnership's accounting year began on January 1, 2024, and ended on December 31, 2024.) Freeley and Hardingan form a partnership on January 1, 2024, contributing $62,000 and $24,000, respectively. The partnership had net income of $164,000. Based on the partnership agreement, Freeley's share of net income was $97,000 and Hardingan's share was $67.000. Freeley and Hardingan each withdrew cash of $46,000 for personal use during the year. Read the requrement M Requirement 2. Journalize closing the partners' withdrawal accounts. Explanations are not required. (Record debits first, then credits. Exclude explanations from journal entries. Prepare a compound entry to close both partners' withdrawal accounts.) Date Debit Credit 46,000 Accounts and Explanation Freeley, Capital Hardingan. Capital Freeley. Withdrawals Hardingan Withdrawals 46,000 46.000 46,000 Requirement 3. Calculate the balances in each partners' capital account after allocation of net income and partners withdrawals of cash. (Show decreases in capital with a minus sign or parentheses) Freeley Hardingan Total Partner contributions on January 1, 2024 Net income Partners withdrawals of cash Partner balances after allocation of net income and partners withdrawals of cash