Question: Moving to the next question prevents changes to this answer. Question 10 Gary, Peter, and Chris own a firm as partners. Gary has a capital

 Moving to the next question prevents changes to this answer. Question

Moving to the next question prevents changes to this answer. Question 10 Gary, Peter, and Chris own a firm as partners. Gary has a capital balance of $22,000; Peter a capital balance of $42,000, and Chris has a capital balance of $32,000. As per the partnership agreement, Gary, Peter and Chris share profits and losses in the ratio of 1:2:3. Gary withdraws from the partnership and receives $27,000. Required: Record the journal entry for the Gary withdrawal from the partnership . Arial (3 (121) TEE. I Path: P Moving to the next question prevents changes to this answer. 20 A

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