You and one friend have decided to form a partnership. You will complete the following the first week: 1. Decide what type of business you are going to conduct 2. Decide on a name for your partnership 3. Decide what (cash, equipment etc.) and how much each partner will contribute as an opening investment 4. Decide how income/losses will be allocated 5. Make the required journal entries to record the initial investment of each partner (use the date 1/1/21. Partnership name: Business partnership will be conducting: Partner names: Partner One (student) initial investment: Partner Two (friend) initial investment: Income/loss allocation: Opening General Journal Entries: \begin{tabular}{|l|l|l|l|l|} \hline \multicolumn{5}{|c|}{ General Journal } \\ \hline Date & Dexriptian & Pk & Detar & Credit \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular}