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C newconnectmheducation.com/flow/connect.html Required information Problem D-SA Partner withdrawal and admission LO P3, P4 The following information applies to the questions payed below) Meit Benson and Lou are partners and share income and loss in a 3.2.5 ratio. The partnership's capital balances are as follows: Melt, $118.000 Benson 579,000, and Lau, 5203000 Bewon decides to withdraw from the partnership and the partners agree not to have the assets reveled upon Benson's retirement Problem D-5A Part 1 Prepare the journal entry to record Benson's withdrawal from the partnership under each of the following independent assumptions Do not round Intermediate calculations.) Benson sells her interest to North for $10.000 aher Meland Lauapprove the entry of North as a partner, Olves her interest to a son in-law. Schmidt, and thereafter Melrand Lou accept Schmic as a partner ich is paid $79.000 in partnership cash for her equity (d) is paid $117.000 in partnership cash for her equity, and this paid $14.000 in partnership cash plus equipment recorded on the partnership books at $34.000 less its accumulated depreciation of SIL600. View transaction ist View journal entry worksheet NO Transaction F6 FB raw Ha Connect x Appendix D Bonus - C n ewconnect.mheducation.com/flow/connect.html Appendix D Bonus 10 Part 1 of 2 Benson (sells her interest to North for $160,000 after Mel and Lau approve the entry of North as a partner. ibi gives her interest to a son-in-law. Schmidt, and thereafter Melrand Lau accept Schmidt as a partner. Ich is paid $79,000 in partnership cash for her equity, d) is paid $117000 in partnership cash for her equity, and e) is paid $14.000 in partnership cash plus equipment recorded on the partnership books at $34.000 less its accumulated depreciation of $11600 View transaction ist View journal entry worksheet Notre a . X Appendix D Bonus MeGraw Hat Connect - C n ewconnect.mheducation.com/flow/connect.html Appendix D Bonus Check my werk mode: This show what is correct or incorrect for the work you have completed so far. It 10 is para un partnership can or nereguty, and je paid in partnership can plus equipment recorded on the partnership books at $34.000 less its accumulated depreciation of $11,600 Answer is complete but not entirely correct. NO trabon General Journal Credit Debit 100.000 Bern Capital North Cape 100.000 70.000 70 000 70,000 Derson Capital Met Cap hau. Capien Benson, Carta Acumulad Mer Capital OOOOOOOOOO 13 DELL C newconnectmheducation.com/flow/connect.html Required information Problem D-SA Partner withdrawal and admission LO P3, P4 The following information applies to the questions payed below) Meit Benson and Lou are partners and share income and loss in a 3.2.5 ratio. The partnership's capital balances are as follows: Melt, $118.000 Benson 579,000, and Lau, 5203000 Bewon decides to withdraw from the partnership and the partners agree not to have the assets reveled upon Benson's retirement Problem D-5A Part 1 Prepare the journal entry to record Benson's withdrawal from the partnership under each of the following independent assumptions Do not round Intermediate calculations.) Benson sells her interest to North for $10.000 aher Meland Lauapprove the entry of North as a partner, Olves her interest to a son in-law. Schmidt, and thereafter Melrand Lou accept Schmic as a partner ich is paid $79.000 in partnership cash for her equity (d) is paid $117.000 in partnership cash for her equity, and this paid $14.000 in partnership cash plus equipment recorded on the partnership books at $34.000 less its accumulated depreciation of SIL600. View transaction ist View journal entry worksheet NO Transaction F6 FB raw Ha Connect x Appendix D Bonus - C n ewconnect.mheducation.com/flow/connect.html Appendix D Bonus 10 Part 1 of 2 Benson (sells her interest to North for $160,000 after Mel and Lau approve the entry of North as a partner. ibi gives her interest to a son-in-law. Schmidt, and thereafter Melrand Lau accept Schmidt as a partner. Ich is paid $79,000 in partnership cash for her equity, d) is paid $117000 in partnership cash for her equity, and e) is paid $14.000 in partnership cash plus equipment recorded on the partnership books at $34.000 less its accumulated depreciation of $11600 View transaction ist View journal entry worksheet Notre a . X Appendix D Bonus MeGraw Hat Connect - C n ewconnect.mheducation.com/flow/connect.html Appendix D Bonus Check my werk mode: This show what is correct or incorrect for the work you have completed so far. It 10 is para un partnership can or nereguty, and je paid in partnership can plus equipment recorded on the partnership books at $34.000 less its accumulated depreciation of $11,600 Answer is complete but not entirely correct. NO trabon General Journal Credit Debit 100.000 Bern Capital North Cape 100.000 70.000 70 000 70,000 Derson Capital Met Cap hau. Capien Benson, Carta Acumulad Mer Capital OOOOOOOOOO 13 DELL