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Lopoz, Cruz, and Perez are parthers and share net income and loss in a 7.3.1 ratio (in ratio form: Lopez, 7ht, Cruz, ant, and Perez,
Lopoz, Cruz, and Perez are parthers and share net income and loss in a 7.3.1 ratio (in ratio form: Lopez, 7ht, Cruz, ant, and Perez, Win). On December 3t, Perez withdraws from the partnership when the equities of the partners are: Lopez, \$3,100; Crur, \$1,900; and Perez, \$1,300. Prepare joumal entries to record Perez's withdrowal under each separate situation. Perez is paid for her equity using partnenhip cash of (1) $1,300;(2)$1,750; and (3) $750
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