Partner withdrawal On September 1, after giving it a lot of thought, Ed decides to retire from the partnership. On that date Ed, Zee, and Ned have capital balances of $145,000, $130,000, and $225,000 respectively. Ed has agreed to accept $195 000 cash for his equity share of the partnership Note, originally the partners agreed to share incomes and losses in a 23:2 ratio (Ed, Zee, Ned) Prepare the journal entry to record the withdrawal (of partner, Ed) on September 1. NOTE - The account names have not been indented on purpose. Select the account name to be included in the journal entry, choose whether that account is debited or credited, and finish by entering the amount. Debits still need to come before credits. Date Account Titles and Explanation Debitor Credit Amount . 2. ENG