Question: Current Attempt in Progress Capital balances in Sheridan C e . are Lango $ 4 2 , 2 0 0 , Oslo $ 3 1

Current Attempt in Progress
Capital balances in Sheridan Ce. are Lango $42,200, Oslo $31,100, and Fernetti $14,700. Fernetti has decided to leave the
partnership. Lango and Oslo each agree to pay Fernetti $14,900 from their personal assets. Lango and Oslo each receive 50% of
Fernetti's equity. The partners share income qually.
Journalize the withdrawal of Fernetti. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
Account Titles and Explanation
Debit
Credit
Current Attempt in Progress Capital balances in Sheridan Ce. are Lango

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