b. Tran is paid $116,000 in partnership cash for his equity. Journal entry worksheet c. Tran is paid $74.000 in partnership cash for his equity. Journal entry worksheet Record the retirement of Tran. Note: Enter debits before credits: Barth, Holt, and Tran have been partners of a ski, snowboard, and mountain bike shop in Whistler, BC, called Storm. Based on the partnership agreement, they share profit and losses in a 6:2:2 ratio. On November 30 , the date Tran retires from the partnership, the equities of the partners are Barth, $313,000; Holt, $208,000; and Tran, $88.000. Present general journal entries to record Tran's retirement under each of the following unrelated assumptions: o. Tran is paid $88,000 in partnership cash for his equity. Journal entry worksheet