On January 1, 20X1. Eddy decides to retire from the partnership of Cobb, Davis, and Eddy, who share profits and losses in the ratio of \(3: 2: 1\) respectively. The following condensed balance sheets present the account balances immediately before and, for six independent cases, after Eddy's retirement.

Required Prepare the necessary journal entries to record Eddy's retirement from the partnership for each of the six independent cases.

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Assets: Accounts Balances prior to Eddy's Retirement Balances after Eddy's Retirement Case 1 Case 2 Case 3 Case 4 Case 5 Case 6 Cash Other Assets Goodwill Total Assets Liabilities and Capital: Liabilities $ 90.000 200.000 10,000 $300,000 $ 10.000 200.000 10.000 $220.000 $ 16.000 200.000 14,000 $ 25.000 200.000 10,000 $230,000 $235,000 $ 16,000 200.000 34,000 $250,000 $ 50,000 220.000 10,000 $280,000 $ 90.000 200.000 10,000 $300,000 $ 60.000 Cobb, Capital 80,000 Davis, Capital 90.000 $ 60.000 74.000 86.000 $ 60.000 $ 60.000 $ 60,000 80,000 83.000 92,000 90,000 92,000 98,000 $ 60.000 110,000 110,000 $ 60.000 80,000 160,000 Eddy, Capital 70,000 -0- -0- -0- -0- -0- -0- Total Liabilities and Capital $300,000 $220,000 $230.000 $235,000 $250,000 $280.000 $300.000