On August $31,$ Suzie retires from the partnership of Suzie, Blake, and Tom. The partner capital balances are Suzie, $$42,000$; Blake $$55,000$; and Tom, $$17,000.$ The profit$-$and$-$loss$-$sharing ratio has been $5$:$3$:$2$ for Suzie, Blake, and Tom, respectively.

Requirements

Journalize the withdrawal of Suzie assuming she receives $$75,000$ cash.

Journalize the withdrawal of Suzie assuming she receives $$25,000$ cash.

Requirement $1,$ Journalize the withdrawal of Suzie assuming she receives $$75,000$ cash. $($Record debits first, then credits. Select the explanation on the last line of the journal entry table.$)$

$\backslash$table$[[$Date$,$Accounts and Explanation,Debit,Credit$],[$Aug$.31],[x,,,],[,,,],[,,$a$,],[,,,]]$You