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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,

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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, $305,000; Holt, $200,000; and Tran, $80,000. Present general journal entries to record Tran's retirement under each of the following unrelated assumptions: a. Tran is paid $80,000 in partnership cash for his equity. Journal entry worksheet c. Tran is paid $70,000 in partnership cash for his equity Journal entry worksheet b. Tran is paid $100,000 in partnership cash for his equity. Journal entry worksheet Record the retirement of Tran. Notei Enter debats betore ondis

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