ACG2011_687908(1) www Homework: Ch 12 Homework A-Graded Question 7, SF12- 10 (similar to) HW Score: 73.02%, 62.8 of 86 points O Points: 0 of 10 Save Joshua, Jack, and Judith each have a $90,000 capital balance. Joshua is retiring from the business. The profit-and-loss-sharing ratio for Joshua, Jack, and Judith is 2:3:2, repectively. Journalize the payment of $102,000 to Joshua upon his retirement on July 31. (Record debits first, then credits Select the explanation on the last line of the journal entry table) Date Accounts and Explanation Debit Credit Jul. 31