John, Jean, and Julian each have a ($60,000) capital balance. John is retiring from the business. The

Question:

John, Jean, and Julian each have a $$60,000$ capital balance. John is retiring from the business. The profit-and-loss-sharing ratio for John, Jean, and Julian is 1:2:3, respectively.
Journalize the payment of $$66,000$ to John upon his retirement on July 31.

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