Question: can you please solve it ASAP and correctly? Arnold, Billy and Cramer are partners who share profits and losses in their partnership in a 5.3.2

can you please solve it ASAP and correctly?

Arnold, Billy and Cramer are partners who share profits and losses in their partnership in a 5.3.2 ratio. Cramer, whose capital balance is $150,000. retires from the partnership Instructions: Determine the amount paid to Cramer under each of the following cases! KA) $50.000 is debited to Arnold capital account the bonus approach is used. Show the joumal entry (2) Goodwil of $60.000 is recorded the partial goodwill approach is used (3) $6.000 is credited to Billy's capital account the total goodwill approach is used

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