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d. Mclean is paid $149,000 in partnership cash for his equity Journal entry worksheet Gale, McLean, and Lux are partners of Burgers and Brew Company

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d. Mclean is paid $149,000 in partnership cash for his equity Journal entry worksheet Gale, McLean, and Lux are partners of Burgers and Brew Company with capital balances as follows: Gale, \$104,000; MCLean, $103,000, and Lux,$164,000. The partners share profit and losses in a 3.2 .5 ratio. McLean decides to withdraw from the partnership. Prepare General Journal entries to record the May 1, 2024, withdrawal of McLean from the partnership under each of the following unrelated assumptions: 0. McLean sells his interest to Freedman for $185,000 after Gale and Lux approve the entry of Freedman as a partner (where Mctean receives the cash personally from Freedman) Journal entry worksheet b. McLean gives his interest to a son-in-law, Park. Gale and Lux accept Park as a partner. b. McLean gives his interest to a son-in-law. Park. Gale and Lux-accept Park as a partner. Journal entry worksheet Pvoce: cuicer acoits perore creats: c. Mclean is paid $103.000 in partnership cash for his equity: Journal entry worksheet e. Mclean is paid $44,250 in partnership cash plus machinery that is recorded on the partnership books at $132,000 less accumulated depreciation of $100,000. (Round final answers to 2 decimol places.) Journal entry worksheet c. McLean is paid $103,000 in partnership cash for his equity. Journal entry worksheet Record withdrawal of Mclean, where he is paid $103,000 in partnership cash for his equity. Note: Enter debits biefore credits. d. Mclean is paid $149,000 in partnership cash for his equity

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