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7, Noelle North, Orlando Oppenheimer and Patty Patterson are equal partners in the NOP Partnership. On August 1st, Noelle withdrew from the partnership and received
7, Noelle North, Orlando Oppenheimer and Patty Patterson are equal partners in the NOP Partnership. On August 1st, Noelle withdrew from the partnership and received a $100,000 cash payment. At the time of her withdrawal Noelle had a $140,000 balance in her capital account. Required: Prepare the appropriate journal entry for Noelle's withdrawal from the NOP Partnership
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