Basem, Tamer and Sameer are partners in a partnership firm sharing profits and losses on the basis of 40:35:25 respectively and their capital balances are $100,000, $80,0008 $40,000 respectively. The journal entry for the withdrawal of Sameer by payment of $55,000 cash from the partnership assets is: O a. Debit Cash 55,000 and credit each of Sameer capital 40,000, Basem Capital 8,000 and Tamer capital 7,000 O b. Debit each of Sameer capital 40,000, Basem Capital 9,000 and Tamer capital 6,000 and credit cash 55,000 Oc. Debit Sameer capital 55,000 and credit each of Cash 40,000, Basem Capital 8,000 and Tamer capital 7,000 O d. Debit each of Sameer capital 40,000, Basem Capital 8,000 and Tamer capital 7,000 and credit cash 55,000