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Lopez, Cruz, and Perez are parthers and share net income and loss in a 64.1 rato (in ratio form Lopez, 6/11, Cruz, 4/11 and Perez,

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Lopez, Cruz, and Perez are parthers and share net income and loss in a 64.1 rato (in ratio form Lopez, 6/11, Cruz, 4/11 and Perez, 1/11). On December 31 , Perez withdraws from the partnership when the equites of the parthers are: Lopez, $4,200, Cruz, $3,000, and Perez. \$2.400 Prepore joumal entries to record Perez's whithawol undet each separate stuation Perez is paid for her equity using partnetship cash-of (t) $2.400,(21$3,400 and (3) $1300. Journal entry worksheet Recard the retirement of Perex assuming that she 15 paid $3,400 for her equity. Lopez. Cruz, and Perez are parthers and share net income and loss in a 64.1 ratio (in ratio form Lopez, 6M1. Cruz, 4/11, and Perez, M11) On December 31. Perez withdraws from the parthership when the equities of the portners are: Lopez, $4,200, Cruz, $3,000, and Perez. $2400. Prepare joumal entries to record Perez's withdrawal under each separate situation. Perez is paid for her equity using parthership cash of (1) $2,400, (2) $3,400, and (3) $1,300 Journal entry worksheet Pecord the retirement of Perez assuming that she is paid $1,300 for her equity. hitw: tinfer delals before oredar

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