Myles Etter and Crystal Santori are partners who share in the income equaly and have capital balances of $210,000 and $62,500, respectively. Etter, with the consent of Santori. selis one-third of his interest to Lonnie Davis. Required: Assume the sale occurs on December 31 . What entry is required by the Racterechip it the sales ance is (a) 560,0007 (D) sa0, 000? Refor to ine chart of accounts for the exact wording of the account taties CNOW joumals do not use intes for journal explanations. Every line an a journal page is used for deoif or credit entres. CNOW journals will autamaticaly indent a credit enstry when a credt amount is entered Assume the sale occurs on December 31. Fefer to the chatt of accounta for the exact wording of the account stos CNOW joumals do not use ines for journal ex parts (a) and (o) of the exercise (D) What entry is reouired by the dartherabin if the sales pnce is 580,000