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Dale Nagel, Keith White, and Issa Mbango have capital balances of $98.000.$75.000 and $6.100.respectively. They share profit or loss on a 4:3.2 basis. White withdraws
Dale Nagel, Keith White, and Issa Mbango have capital balances of $98.000.$75.000 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 $84.000 cash from partnership assets. White is paid $54.900 cash from partnership assets. 2 Account Titles and Explanation Debit Credit Date (1) Sept. 30 (To record withdrawal of a partner.) (2) Sept. 30 (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 Determine the balances in the partners' capital accounts and in total partners' equity after White has withdrawn from the partnership for condition 2 above.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 for amounts.) D. Nagel Capital K. White Capital I. Mbango Capital Condition 2 Beginning balance Ending balance $ $ $ $ S $ $
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