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The condensed, adjusted trial balance of the Gary and James Partnership as at December 31, 2024, appears below: The partnership agreement stipulates that a division

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The condensed, adjusted trial balance of the Gary and James Partnership as at December 31, 2024, appears below: The partnership agreement stipulates that a division of partnership profit or loss is to be made as follows: 1. A salary allowance of $347,500 to Gary and $287,500 to James. 2. The remainder is to be divided equally. Prepare a schedule that shows the division of profit to each partner. (Enter negative amounts using either a negative sign proceding the number es- 45 or porentheses es. (45)] Prepare the dosingentries for the division of profit and for the drawings accounts at December 31, 2024. (Ciedit aceount titles are automatically indented when the amount is entered, Do not indent manuoliy. List all debit entries before credlt entries. Prepare a schedule that shows the division of profit to each partner. (Enter negative amounts using either a negative sign proceding the number es- 45 or porentheses es. (45)] Prepare the dosingentries for the division of profit and for the drawings accounts at December 31, 2024. (Ciedit aceount titles are automatically indented when the amount is entered, Do not indent manuoliy. List all debit entries before credlt entries

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