Jared, Sabrina, and Cam each have a $220,000 capital balance. They share profits and losses as follows: 2:1:1 to Jared, Sabrina, and Cam, respe Requirements 1. Joumalize the withdrawal of Cam if the partnership agrees to pay Cam $220,000 cash 2. Journalize the withdrawal of Cam if the partnership agrees to pay Cam $100,000 cash. Requirement 1. Journalize the withdrawal of Cam if the partnership agrees to pay Cam $220,000 cash. (Record debits first, then credits. Select th Accounts and Explanation Date Debit Credit profits and losses as follows: 2:1:1 to Jared, Sabrina, and Cam, respectively. Suppose Cam is withdrawing from the business 20,000 cash 00,000 cash. o pay Cam $220,000 cash. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Debit Credit