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Huda,Tala, and Noor have capital balances of $47,500, $37,500, $ 30,000 respectively. They share income and loss on a 5:3:2 respectively. Noor Retire from the

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Huda,Tala, and Noor have capital balances of $47,500, $37,500, $ 30,000 respectively. They share income and loss on a 5:3:2 respectively. Noor Retire from the partnership under each of the following conditions using good will approach : 1. Noor is paid $32,000 in cash from partnership 2. Noor is paid $26,000 from Huda Instructions Journalize the withdrawal of Noor under each of the assumptions above, the partner agree not to record all of goodwill

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