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Question Help On January 1, 2020. Samantha Yeoman and Tamara Havlac formed a partnership. The partners agreed to invest equal amounts of capital. Havac invested

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Question Help On January 1, 2020. Samantha Yeoman and Tamara Havlac formed a partnership. The partners agreed to invest equal amounts of capital. Havac invested her proprietorship's assets and liabilities (all accounts have normal balances) as follows: (Click the icon to view the book and market values of investments.) On January 1, 2020, Yeoman invested cash in an amount equal to the current market value of Harviad's partnership capital. The partners decided that Havlac would earn two-thirds of partnership profits because she would manage the business. Yeoman agreed to accept one-third of profits. During the remainder of the year, the partnership eamed $278,000. Haviac's withdrawals were $82,000, and Yeoman's withdrawals were $58,000. Required Requirement 1. Joumalize the partners initial investments, Journalize the investment made by Tamara Haviac. (Record debits first, then credits. Explanations are not required.) Journal Entry Date Accounts Debit Credit Dec 31 Now journalize the investment made by Samantha Yeoman Journal Entry Date Accounts Debit Credit Dec 31 Choose from any list or enter any number in the input fields and then continue to the next question stment made by Tamara Haviac. (Record debits first, then credits. Explanations are not required.) Investments Havlac's Current Book Slue Market Value 28,000 $ 25,000 53,000 47.000 e investment made Accounts receivable Inventory Prepaid expenses Office equipment Accounts payable 5,300 4,300 94.000 62.000 51.000 51.000 Print Done list or enter any number in the input fields and then continue to the next question On January 1, 2020, Yeoman invested cash in an amount equal to the current market value of Havia's partnership capital. The partners decided that Having would eam two-thirds of partnership profits because she would manage the business, Yeoman agreed to accept one-third of profits. During the reminder of the year, the partnership came $278,000. He's withdrawals were $82,000, and Yeomarts withdrawals were $58,000 Required Balance Sheet January 1, 2020 Assets Liabilities me. Capital Total assets Total abilities and captal Requirement 3. Co the partners' Capital balances at December 31, 2020 Use the chart below to calculate the partners' Capital balances (Round final answers to the nearest whole number) Yeoman and Haviac Partnership Balances December 31, 2020 Havia Yeoman Total Beginning Balance Alocation of Net Income to Partners attempt Choose from any list or enter any number in the input fields and then continue to the next question. Type here to search

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