The accounts balances in the end of 2020 will be: Jim, Capital Choose... Jyoti, Capital Choose... - Joy, Capital Choose... On Jan 1, 2021, Jesan was added to the partnership as the fourth partner. Jesan paid 200,000 (100,000 Cash, 100,000 Land) to receive a 169,400 share of the partnership's book value. The difference is equally distributed among the original three partners. Determine which accounts will be debited or credited for the addition of the new partner. Cash Choose... Jim, Capital Choose..by . Land Choose... e Jyoti, Capital Choose... . Accounts Receivable Choose... Joy, Capital Choose... . Jesan, Capital Choose... e Income Summary Choose... Equipment Choose... Jim, Jyoti and Joy started a partnership business on Jan 1, 2019. The Net Income and Net Loss will be distributed based on capital contribution by each partner. All of them contributed 50,000 in cash. In addition the following assets and liabilities were contributed. All assets are measured at market value. Jim: Land and Building 200,000 (50% Land, 50% Building) Accumulated Depreciation - Building 30,000 Jyoti: Bank Loan (Liability) 25,000 Accounts Receivable 35,000 AFDA5,000 Joy: Equipment 80,000 Accumulated Depreciation - Equipment 20,000 Net Income in 2019 was 38,500 and in 2020 Net Loss was 84.700. The accounts balances at the beginning of the partnership will be recorded as: Bank Loan (Liability) 25,000 Accounts Receivable 35,000 AFDA5,000 Joy: Equipment 80,000 Accumulated Depreciation - Equipment 20,000 Net Income in 2019 was 38,500 and in 2020 Net Loss was 84,700. The accounts balances at the beginning of the partnership will be recorded as: Jim, Capital Choose... Jyoti, Capital Choose... Joy, Capital Choose... The journal entry at end of 2019 to close the income summary account will be (use rounded whole number): Dr. Choose... Cr. Jim, Capital Choose... + Cr. Jyoti, Capital Choose... Cr. Joy, Capital Choose