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Gale, McLean, and Lux ore partners of Burgers and Brew Company with capital balances as follows: Gale, $98,000, McLean, $97,000, and Lux, $161,000. The
Gale, McLean, and Lux ore partners of Burgers and Brew Company with capital balances as follows: Gale, $98,000, McLean, $97,000, and Lux, $161,000. The pertners 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, withdrawa of McLean from the partnership under each of the following unrelated assumptions: a. McLean sells his interest to Freedman for $182.000 after Gale and Lux approve the entry of Freedman as a partner (where McLean receives the cash personaly from Freedman) View transaction list Journal entry worksheet < Record the admission of Freedman) Nej Enter dette before recite DAIR May 01, 2023 Garatal Jamal Deal Greut Record entry Clear entry View general jumal
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