b. Tran is paid $98,000 in partnership cash for his equity. Journal entry worksheet Record the retirement of Tran. Barth, Hoit, 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 retifes from the partnership. the equities of the partners are Barth, $304,000, Holt, $199,000, and Tran, $79,000. Present general joumal entries to record Tran's a. Tran is paid $79,000 in partnership cash for his equity. Journal entry worksheet Record the retirement of Tran. Note: Enter dobits belore credits. c. Tran is paid $69,500 in partnership cash for his equity. Journal entry worksheet