Question: Type here to search Moving to another question will save this response Question 3 Question 3 of: 1.5 points Save A Ahmed, Badar and
Type here to search Moving to another question will save this response Question 3 Question 3 of: 1.5 points Save A Ahmed, Badar and Habib have been partners while sharing net income and loss in a 532 ratio on percents for Ahmed, 50% for Badar, 30% and for Habib 20%) On January 31, the date Habib retires from the partnership, the equities of the partners are Ahmed, $100,000 Badar, $60,000 and Habib $40,000 Habib is paid $50,000 for his equity using partnership cash. Prepare Journal entry to record Habib's retirement from the partnership O Habib's Capital Dr. 40,000 Cash C. 40,000 O Habib's Capital Dr 40,000 Ahmed's Capital Dc 6250 Dadars Capital Cash Dr 3.750 Cr. 50,000 O Habib's Capital Dx 40.000 Ahmed's Capital Dr 5.000 Activate Windows 946 30C Clear e de ENG 1916 24/01/2022 lenovo
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