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On December 31, the capital balances and profit and loss ratios in Wildhorse Company are as follows: Partner H. Fercho P. Jiang R. Antoni Capital

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On December 31, the capital balances and profit and loss ratios in Wildhorse Company are as follows: Partner H. Fercho P. Jiang R. Antoni Capital Balance $143,000 $60.500 $47.000 Profit and Loss Ratio 60% 30% 1096 Antoni to withdrawing from the partnership, Journalize the withdrawal of Antoni i using personal funds, Jiang aprees to purchase Antoni's ownership Interest for $56,300 cast. (Credit account titles are automatically indented when the amount is entered. Do not indent manually) Date Account Titles and Explanation Debit Credit Dec 31 To record purchase of an interest Journalize the withdrawal of Antoni if Antoni is paid $56,300 from partnership assets. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Round answers to decimal places, eg,5,275.) Date Account Titles and Explanation Debit Credit Dec. 31 {To record withdrawal of partner) Journalize the withdrawal of Antoni i Antoniis paid $35.300 from partnership assets. (Credit account titles are automatically Indented when the amount is entered. Do not indent manually Round answers to decimal places, 5, 5,275) Date Account Titles and Explanation Debit Credit Dec 31 Journalize the withdrawal of Antoni if Antoni is paid $35,300 from partnership assets. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Round answers to decimal places, eg. 5,275.) Debit Credit Date Account Titles and Explanation Dec. 31 (To record withdrawal of partner)

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