What Is the Closing Entry to Allocate Net Income $24,000

Multiple Choice

What is the closing entry to allocate net income $24,000 to Eric,Von,and Derek? Their respective capital balances are $20,000,$40,000,and $60,000.Net income is shared in a ratio of their capital balances.

A) Debit Income Summary $24,000; credit Eric,Capital $4,000; credit Von,Capital $8,000; credit Derek,Capital $12,000
B) Debit Income Summary $24,000; credit Eric,Capital $8,000; credit Von,Capital $8,000; credit Derek,Capital $8,000
C) Debit Salary Expense $24,000; credit Salaries Payable $24,000
D) Net income cannot be allocated.