Ace, Capital $150, 090 Jack, Capital 200, 000 Spade, Capital 120, 090 The partners allocate partnership income and loss in the ratio 20:30:50, respectively. Required: Record Spade's withdrawal under each of the following independent situations. c. Spade received $180,000 of partnership cash upon retirement. Capital of the partnership after Spade's retirement was $290,000. no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet A Record the payment of the bonus to Spade upon his retirement