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Julio, Stephanie, and Caleb each have a $189,000 capital balance. They share profits and losses as follows: 2:2:6 to Julio, Stephanie, and Caleb, respectively. Suppose
Julio, Stephanie, and Caleb each have a $189,000 capital balance. They share profits and losses as follows: 2:2:6 to Julio, Stephanie, and Caleb, respectively. Suppose Caleb is withdrawing from the business. Requirements 1. Journalize the withdrawal of Caleb if the partnership agrees to pay Caleb $189,000 cash. 2. Journalize the withdrawal of Caleb if the partnership agrees to pay Caleb $180,000 cash. Requirement 1. Journalize the withdrawal of Caleb if the partnership agrees to pay Caleb $189,000 cash. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Date Accounts and Explanation Debit Credit Requirement 2. Journalize the withdrawal of Caleb if the partnership agrees to pay Caleb $180,000 cash. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Date Accounts and Explanation Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question. ! Aramak iin buraya yazn A la 11:31 25.06.2020
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