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An LLC consists of three members: Green, Tan, and Brown. The members share net income and loss equally. Brown withdraws from the LLC when equity

An LLC consists of three members: Green, Tan, and Brown. The members share net income and loss equally. Brown withdraws from the LLC when equity for each member is Green, $20,600; Tan, $7,600; and Brown, $9,600. Brown receives $16,200 cash for its equity in the business. Record the entry for Brown's withdrawal from the partnership. Hint: The LLC uses the following equity accounts: Green, Member Equity, Tan, Member Equity; Brown, Member Equity. View transaction list Journal entry worksheet A Record Brown's withdrawal from the partnership. Note: Enter debits before credits. Transaction 1 Record entry General Journal Clear entry Debit Credit View general journal
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An LLC consists of three members: Green, Tan, and Brown. The members share net income and loss equally. Brown withdraws from the LLC when equity for each member is Green, $20,600; Tan, $7,600, and Brown, $9,600. Brown receives $16,200 cash for its equity in the business. Record the entry for Brown's withdrawal from the partnership. Hint The LLC uses the following equity accounts. Green, Member Equity, Tan, Member Equity; Brown, Member Equity. Journal entry worksheet Record Brown's withdrawal from the partnership. Note: Einter debies before credits

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