Wer W eideman design partnership Acerures en weer mercoy Car Cance Company with any T-shirt design meds Additional Tall and w e have connections in many companies and can expand and This new partnership Each of the three partners contributes $21.000 cash to start up the WTW partnership. They agree to share profits in two steps. First Tall will receive $18.000 and Willow will receive $24.000 because they will do most of the graphic design work. Any remaining profits or losses will be shared 123, respectively for Winter Tall and Willow. The business starts on January 1, 2019 On December 31, 2019, the business posted a loss of $30,000. Winter decides to withdraw from the partnership on December 31, 2019. Tal and Willow agree to give Winter $6,500 for her equity interest 1. Journalize the contribution of the partners in the partnership on January 1, 2019 2. Journalize the allocation of the loss from the Income Summary account 3. Journalize the withdrawal of Winter as a partner on December 31, 2019 4. Calculate the ending balances in Tall and Willow's capital accounts for the Requirement i n the contion of the partners in the partnership on January 1 2019 Prepare a single compound action Record debitsrst, the credits Select the explanation on the last line of the journal entry table) Acounts and Explanation Requirement Journal the allocation of the loss from the income Summary account (Record debts the credits Select the explanation Account and Explanation Requirements. Journaize the withdrawal of Winter as a partner on December 31, 2019. Prepare a single compound entry for this ansaction Record then the plannen ene lastne of the mal entry ) Accounts and Explanation Retirement Cac o r parentheses for a t h e ending balances in Tal and Who's capital accounts. Use a min Willow Cat December 31, 2019