The post-closing trial balances of two proprietorships on January 1, 2022, are presented below. All cash will be transferred to the partnership, and the partnership will assume all the liabilities of the two proprietorships. (a) Prepare separate journal entries to record the transfer of each proprietorship's assets and liabilities to the partnership. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Question 7 of 10 /6 Jan. 1 (Transfer of Sorensen's assets and liabilities.) Jan. 1 Question 7 of 10 /6 (Transfer of Lucas' assets and liabilities.) eTextbook and Media List of Accounts Save for Later Attempts: 0 of 5 used Submit Answer (b) Further, it is agreed that Sorensen will invest an additional $3,900 in cash, and Lucas will invest an additional $14,800 in cash. Journalize the additional cash investment by each partner. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Question 7 of 10 Question 7 of 10 /6 Liabilities and Owners' Equity $ $ $ eTextbook and Media