Jimmy, Susan, and Carl each have a $240,000 capital balance. They share profits and losses as follows: 1:1:2 to Jimmy, Susan, and Carl, respectively. Suppose Cart is withdrawing from the business 1. Joumalize the withdrawal of Cart if the partnership agrees to pay Carl $240,000 cash Requirements 2. Joumalize the withdrawal of Carl if the partnership agrees to pay Cart $210,000 cash Requirement 1. Joumalize the withdrawal of Carl if the partnership agrees to pay Cart $240,000 cash. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Date Accounts and Explanation Debit Credit