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*BE12-9 Capital balances in Pelmar Co. are Lango $40,000, Oslo $30,000, and Fernetti $20,000. Lango and Oslo each agree to pay Fernetti $12,000 from their

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*BE12-9 Capital balances in Pelmar Co. are Lango $40,000, Oslo $30,000, and Fernetti $20,000. Lango and Oslo each agree to pay Fernetti $12,000 from their personal assets Lango and Oslo each receive 50% of Fernet is equity. The partners shareincome equally Journalize the withdrawal of Fernetti

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