The capital accounts of Heidi and Moss have balances of $20,000 and 565,000, respectively, on January, the begening of the current focal year. On Apr 10, Heidi invested an adtional $8,000. During the year, Held and Moss withdrew $40,000 and $32,000, respectively. Revenues were 3540,000 and expenses were 5420,000 for the year. The articles of partnership mano reference to the division of net Income Required: 1. Prepare a statement of partners equity for the partnership of Medi and Moss. Famount box does not require an entry, we lank heall amounts as positive Heidi and Mou Statement of Partners' Equity For the Year Ended December 31 Moss Total Capital, January 1 ,000 4.00 155,000 Net income for the year 10.000 0.004 LOX Heidi 00X X MX Withdrawals during the year 4000 11.00 X 72.000 withdrawals during the year 11. XXX 140.000X 40.000 21. X 130.000 x Capital, December 31 0 X 4000 x X 2. Journaline the entries to 2. Journalize the entries to: a. Close the revenue and expenses account. b. Close the drawing accounts. If an amount box does not require an entry, leave it blank. Revenues a. 540,000 V Income Summary X 540,000 X Income Summary x 420.000 X X Expenses x 420,000 X Moss, Capital X 60,000 X Heidi, Capital x 60.000 X b. Heidi, Capital 40.000 > Moss, Capital 32.000 Heidi, Drawing 40.000 Moss, Dla wing dropdicari 32.000