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beginning and ending balances? Julie Lane, Sara Miles, and Amber Noll have capital balances of $48.400, $37.400, and $29,100, respectively. The profit and loss ratio

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Julie Lane, Sara Miles, and Amber Noll have capital balances of $48.400, $37.400, and $29,100, respectively. The profit and loss ratio is 5:32. Assume Noll withdraws from the partnership on December 31 of the current year under each of the following independent conditions: 1. Miles agrees to purchase all of Noll's equity by paying $32,850 cash from her personal assets. 2. Noll withdraws $29.100 cash from the partnership. 3. Noll withdraws $35,340 cash from the partnership Date Account Titles and Explanation Debit Credit (1) Dec. 31 A.Noll. Capital 29100 S. Miles, Capital 29100 (To record withdrawal of a partner. (2) Dec. 31 A. Noll, Capital Cash 29100 (To record withdrawal of a partner.) (3) Dec. 31. A. Noll, Capital 29100 J. Lane, Capital 3900 S. Miles, Capital 2340 Cash 35340 (To record withdrawal of a partner.) Determine the balances in the partners' capital accounts and in total partners' equity after Noll has withdrawn, for conditions 1 and 3 above. (Do not leave any answer field blank. Enter for amounts.) J. Lane Capital S. Miles Capital A. Noll Capital Total Capital Condition 1 Beginning balance $ Ending balance J. Lane Capital S. Miles Capital A. Noll Capital Total Capital Condition 3 Beginning balance Ending balance

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