Capital balances in Cullumber Co. are Lango $40,100, Oslo $32,900, and Fernetti $12,500. Fernetti has decided to leave the partnership. Lango and Oslo each agree to pay Fernetti $13,200 from their personal assets. Lango and Oslo each receive 50% of Fernetti’s equity. The partners share income equally.
Journalize the withdrawal of Fernetti. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Account Titles and Explanation	Debit	Credit
	enter a debit amount	enter a credit amount
	enter a debit amount	enter a credit amount
	enter a debit amount	enter a credit amount