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, $80,000& $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 8,000 and Tamer capital 7,000 and credit cash 55,000 O c. 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 9,000 and Tamer capital 6,000 and credit cash 55,000