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1 Required Information The following information opplles to the questions displayed below? Merr. Benson, and Lau are partners and share income ond loss in a

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1 Required Information The following information opplles to the questions displayed below? Merr. Benson, and Lau are partners and share income ond loss in a 23.5 ratio in percents: Neir, 20 s: 8enson; 30%, and Lau, 502 s). The partnership's capital balances are as follows Meir, $89.000; Benson, $134.000, and Lau, $228.000. Benson decides to windiow from the partnership 1. Prepare journal entres to record Bensons February 1 withdrawal uncer each separate assumptioh iOo not round intermediate celculatione.) 1. Benson selis her interest to North for $160,000 after North is opproved os o partner 3. Bencon is poid 5134.000 in porthership cash for her equily 4. Benson is poid 5172.000 in partnership cash for her equily 5. Bencon is paid 527,000 in portnerchip cash plus equament tyat is recorded on the portnership books at 563.000 less accumulated depreclation of $20790

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