Hey can you anser this question for me. Please do follow the structure of the template provided including journal entries and balance sheet. Thanks

QUESTION 3 Part B Mack and Hunt agreed to combine their businesses and form a partnership to trade as M&H Trading Ltd. The Balance Sheets for their respective individual trading operations are shown below. . $ $ Mack Trading Co. Balance Sheet As at November 1, 2020 Assets Bank 6,000 Accounts Receivable 13,000 Inventory 23,000 Van 14,000 Total Assets Liabilities Accounts payable 16,000 Loan 5,000 Hunt Trading Co. Balance Sheet As at November 1, 2020 Assets Bank 8,000 Accounts Receivable 7,000 Inventory 12,000 Premises 70,000 Total Assets Liabilities Accounts payable 7,000 Bank overdraft 7,000 Mortgage 45,000 Owners. Equity 56.000 56,000 97,000 21,000 Owners. Equity 59,000 38,000 35,000 The following terms were agreed to on formation of the partnership: Mack's Accounts Receivable were expected to realise $12,000 and the van had an agreed value of $10,000 Hunt's premises were taken into the partnership accounts valued at $85,000 and Hunt is to settle the bank overdraft herself Required; i. Prepare general journal entries to give effect to the above Prepare the Balance Sheet of M&H Trading Ltd. as at November 1, 2020 QUESTION 3 Part B i. QUESTION 3 Part B ii. M&H Trading Ltd Balance Sheet as at 1 November, 2020