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Assume instead that Foss leaves the partnership. Foss is paid $135,000 with a bonus to the retiring partner. Prepare the journal entry to record Fosss

Assume instead that Foss leaves the partnership. Foss is paid $135,000 with a bonus to the retiring partner. Prepare the journal entry to record Fosss withdrawal. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

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