Dale Nagel, Keith White, and Issa Mbango have capital balances of $94,000, $72,000, and $6,100, respectively. They share profit or loss on a 4:3:2 basis. White withdraws from the partnership on September 30 of the current year.

Journalize the withdrawal of White under each of the following assumptions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.)

1.		White is paid $84,900 cash from partnership assets.
2.		White is paid $54,900 cash from partnership assets.

Date	Account Titles and Explanation	Debit	Credit
(1) Sept. 30	I. Mbango, CapitalK. White, CapitalD. Nagel, CapitalIncome SummaryCash
	D. Nagel, CapitalIncome SummaryK. White, CapitalCashI. Mbango, Capital
	Income SummaryCashK. White, CapitalD. Nagel, CapitalI. Mbango, Capital
	D. Nagel, CapitalK. White, CapitalIncome SummaryCashI. Mbango, Capital
	(To record withdrawal of a partner.)
(2) Sept. 30	I. Mbango, CapitalK. White, CapitalD. Nagel, CapitalIncome SummaryCash
	CashIncome SummaryI. Mbango, CapitalD. Nagel, CapitalK. White, Capital
	I. Mbango, CapitalCashK. White, CapitalD. Nagel, CapitalIncome Summary
	CashD. Nagel, CapitalK. White, CapitalIncome SummaryI. Mbango, Capital
	(To record withdrawal of a partner.)

Determine the balances in the partners capital accounts and in total partners equity after White has withdrawn from the partnership for condition 2 above. (Do not leave any answer field blank. Enter 0 for amounts.)

Condition 2		D. Nagel Capital		K. White Capital		I. Mbango Capital		Total Capital
Beginning balance		$		$		$		$
Ending balance		$		$		$		$

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