Holden,Phillips,and Rogers Are Partners with Beginning-Year Capital Balances of $120,000,$60,000,and

Holden,Phillips,and Rogers are partners with beginning-year capital balances of $120,000,$60,000,and $60,000,respectively.Partnership net income for the year is $84,000.Make the necessary journal entry to close Income Summary to the capital accounts if:
a.Partners agree to divide income based on their beginning-year capital balances.
b.Partners agree to divide income based on the ratio of 5:3:2 (Holden:Phillips:Rogers),respectively.
c.Partnership agreement is silent as to division of income and loss.