Safari File Edit View History Bookmarks Window Help apter Nineteen Homework Instructions General Journal General Journal General Journal Instructions for Dissolution of Partnership Prepare the general journal entry required to enter the check issued to Mrs. Dennis in payment of her deceased husband's interest in the partnership. According to the partnership agreement, the difference between the amount paid to Mrs. Dennis and the book value of Larry Dennis's capital account is allocated to the remaining partners on their capital account balances. based ending f an amount box does not require an entry, leave it blank. Assume instead that Mrs. Dennis is paid s48,500 for the book value of Larry Dennis's capital account, Prepare the necessary joumal entry. If an amount bow does not require an entry, leave it 3. Assume instead that Jim wheeles (with consent of the remaining partners) purchased Dennissinterest for s37.soo and gave Mrs. Dennis a personal deck for that amount. Prepare the general journal entry for the partnership is dvided among the partners, Mike Kelly, Kam Kelly, Lamy Dennis, and of the company The Kelly and Kelly wrecking Company, a partnership, operates a general demolition business ownerstmp Jim Wheeles. Profits and losses are shared equally. The books are kept on a calendar year bass. Dernis wished to sel her husbands interestin e pertnership for s21,soa. Aner the books were on September 15, arter the business had been in operation for several years, Dennis died. Mrs. closed, the partners' capital accounts had credit balances as follows: Kim Kelly 20,500 Larry Dennis 32, soo Jim Wheeles 20, S00 Required: more check My work uses remaining