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please solve 2. On December 31. 2020, Ford 8 Elliott recogrsed a net income of S20,000. Ford and Esistis partiersho agreement to share hoome at

please solve
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2. On December 31. 2020, Ford 8 Elliott recogrsed a net income of S20,000. Ford and Esistis partiersho agreement to share hoome at a 2.3 ratio (respectevely). Ford has a cebit balance of 510,000 h drawings and Rliott has 55,000 in daaing Pecord the entry to alocate the net. income to the partrers' caphal accouris and prepare as Strement of Partners Equety for 2020

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