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Adler, Macher, and Bryant have capital balances of $24,000 $36,000, and $50,000, respectively. The partvers share profits and losses as follows: a. The first $30,000 is divided based on the partners' capital balances b. The next $30,000 is based on service, shared equally by Ader and Bryant. Macher does not receive a salary allowance c. The remainder is divided equally Read the requirements Net income (loss) remaining for allocation Remainder shared equally: Adler Macher Bryant Total allocation Net income (loss) remaining for allocation Net income (loss) allocated to the partners Requirement 2. Journalize the closing entry to allocate net income for the year. (Record debits first, then credits. Select the explanation on the last line of the journal entry table) Date Accounts and Explanation Debit Credit Then continue to the next question -X Adler, Macher, and Bryant have capital balances of $24.000 $36.000 and $60,000, respectively. The partners share profits and losses as follows: The first $30.000 is divided based on the partners' capital balances b. The next $30.000 is based on service shared equally by Ader and Bryant. Macher does not receive a salary allowance c. The remainder is divided equally Read the girements Net income foss) remaining for location Remainder shared equally! Requirements Ador Mache Bryan 1. Comoure each other's share of the $81.000 net income for the year Tocal location 2. Journaline the closing try to allocate net income for the you Net income foss) remaining for location Print Done Net income (os) allocated to the partners Requirement 2. Joe the closing entry to locate income for the yer Record debits first the credincione Date Accounts and Explanation Det Credi

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