Partner Retirement: Various Cases The capital balances for the partnership of Diaz, Isidro, and Nelson are as follows: Capital-Diaz Capital-Isidro Capital-Nelson $1,500,000 900,000 600.000 The partners share income in a 2:4:4 ratio. Nelson decides to retire. Diaz and Isidro continue the partnership, sharing income in a 2:4 (1:2) ratio. Required Prepare the journal entry or entries to record the retirement of Nelson in each of the following scenarios: a. Diaz and Isidro use their personal assets to buy Nelson's interest for $800.000. Description 0 Debit Credit Capital-Isidro 0 b. The partners agree to pay Nelson $750.000 of partnership cash. The bonus method is used. Description Capital-Diaz Debit Credit = 0 To record retirement bonus to Nelson 0 0 0 c. Same as b. but the partial goodwill approach is used. Description Debit = 0 Credit 0 0 0 To record partial goodwill. = 0 0 0 0 To record retiremerit payment to Nelson d. Same as b. but the total goodwill approach is used. Description Capital-Diaz Capital-sidro To record total goodwill : = Debit Credit 0 0 0 0 0 0 0 0 To record retirement payment to Nelson e. The partners agree to pay Nelson $450,000 of partnership cash. The difference is attributed to overvalued plant and equipment, and the total goodwill approach is used. Description Capital Dia Capital-Isidro Debit Credit 0 0 O To record total goodwill. 0 0 0 0 To record retirement payment to Nelson e. The partners agree to pay Nelson $450,000 of partnership cash. The difference is attributed to overvalued plant and equipment, and the total goodwill approach is used. Description Capital-Diaz Capital-Isidro Debit Credit 0 0 0 0 D To record difference attributed to overvalued land. To record retirement payment to Nelson Please answer all parts of the question.