calculations.) wal under each independent assumptions. (Do not (a) Benson sells her interest to North for $160,000 after North is approved as a partner; (b) Benson gives her interest to a son-in-law, Schmidt, and Schmidt is approved as a partner; (c) Benson is paid $159,000 in partnership cash for her equity; (d) Benson is paid $197,000 in partnership cash for her equity. View transaction list Journal entry worksheet 4 Record the withdrawal if Benson sells her interest to North for $160,000 after North is approved as a partner. Note: Enter debits before credits. Transaction General Journal Debit Credit (a) Benson, Capital 119,000 North, Capital 119,000 2 3 Record the withdrawal of Benson on the assumption that she gives her interest to a son-in-law, Schmidt and Schmidt is approved as a partner. Note: Enter debits before credits. Transaction General Journal Debit Credit (b) Benson, Capital 119,000 Schmidt, Capital 119,000 Journal entry worksheet 1 2 3 Record the withdrawal of Benson on the assumption that she is paid $159,000 in partnership cash for her equity. Note: Enter debits before credits. Transaction (c) General Journal Debit Credit Journal entry worksheet < 2 3 Record the withdrawal of Benson on the assumption that she is paid $197,000 in partnership cash for her equity. Note: Enter debits before credits. Transaction (d) General Journal Debit Credit Required information [The following information applies to the questions displayed below] Meir, Benson, and Lau are partners and share income and loss in a 1:4:5 ratio (in percents: Meir, 10% ; Benson, 40% ; and Lau, 50%). The partnership's capital balances are as follows: Meir, $38,000; Benson, $159,000; and Lau, $203,000. Benson decides to withdraw from the partnership