Lopez, Cruz, and Perez are partners and share net income and loss in a 6:4:1 ratio. On December 31, Perez withdraws from the partnership when the equities of the partners are: Lopez, $3,700; Cruz, $2,500; and Perez, $1,900. Prepare journal entries to record Perez's withdrawal under each of the following separate situations: Perez is paid for her equity using partnership cash of (1) $1,900; (2) $2,650; and (3) $1,050. View transaction list Journal entry worksheet Record the retirement of Perez assuming that she is paid $1,900 for her equity. Note: Enter debits before credits. Date General Journal Debit Credit Dec 31 Record entry Clear entry View general journal