On December 31, the capital balances and profit and loss ratios in the MRS Partnership are as follows Capital Balance Profit and loss ratio Partner B. McLaren $ 92,000 66% P. Ready 79,000 9% D. Symes 46,000 25% Assume Symes withdraws from the partnership on December 31 of the current year under each of the following independent conditions: (a) Symes is paid $ 43,000 cash from partnership assets. (b) Symes is paid $ 52,000 cash from partnership assets. (c) McLaren and Ready agree to purchase Symes' equity by paying $ 24,000 each from their personal assets. Each purchaser receives 50% of Symes' equity. (d) Ready agrees to purchase all of Symes' equity by paying $ 48,000 cash from his personal assets. (e) McLaren agrees to purchase all of Symes' equity by paying $ 36,000 cash from his personal assets. (f) Symes withdraws $ 46,000 cash from the partnership. Journalize the withdrawal of Symes under each of the above assumptions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit (a) D. Symes, Capital 46000 Cash 43000 B. McLaren, Capital P. Ready, Capital (b) Income Summary Cash D. Symes, Capital B. McLaren, Capital P. Ready, Capital (c) (d) (e) 4 (f) Determine the balances in the partners' capital accounts and in total partners' equity after Symes has withdrawn, for conditions (a) and (b) above. Part (a) D. Symes, Capital @@osos # (a) (b) (c) (d) (e) (f) Bal. B. McLaren, Capital + P. Ready, Capital A Total equity $ Part (b) D. Symes, Capital (a) (b) (c) (d) (e) (f) Bal. B. McLaren, Capital P. Ready, Capital Total equity $