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Ch 12 Homework A-Graded Question 6, SF12- 9 (similar to) Part 1 of 2 HW Score: 24.88%, 21.4 of 86 points O Points: 0 of
Ch 12 Homework A-Graded Question 6, SF12- 9 (similar to) Part 1 of 2 HW Score: 24.88%, 21.4 of 86 points O Points: 0 of 10 Save Julio, Sabrina, and Cameron each have a $430,000 capital balance. They share profits and losses as follows: 2.2.6 to Julio, Sabrina, and Cameron, respectively. Suppose Cameron is withdrawing from the business. Requirements 1. Journalize the withdrawal of Cameron if the partnership agrees to pay Cameron $430,000 cash. 2. Journalize the withdrawal of Cameron if the partnership agrees to pay Cameron $250,000 cash Requirement 1. Journalize the withdrawal of Cameron if the partnership agrees to pay Cameron $430,000 cash (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Date Accounts and Explanation Debit Credit
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