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Problem 11-7A. Withdrawal of a partner ( LOA CHECK FIGURES: di Dr, Gale, Capitat $18,750; e. Cr, Gale, Capital: $8,531.25 Gale, MeLean, and Lux ate

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Problem 11-7A. Withdrawal of a partner ( LOA CHECK FIGURES: di Dr, Gale, Capitat \$18,750; e. Cr, Gale, Capital: \$8,531.25 Gale, MeLean, and Lux ate partners of Burgers and Brew Company with capitar balances as follown Gale, 597,000, Melean, 595,000; and Lux, $160,000. The partiers share proft and losses in a 3:25 ratio. McLean decides to withdraw from the partnership. Prepare erneral journal enirier to rocord the May 1, 2024, withdrawal of McLean from the parinerstip under each of the following unrelated assumptions: 2. Mclean sells bis imerent to Freedman for $181.000 after Gale and Lie approve the eatry of Frecdman as a parter (where MeLean receives the cash personally fmom Freedman). b. Mclcan eives his interest to a son-in-law, Park. Gale and likx accept Park as a partnet. c. McLean is paid 595,000 in partnership cash for his cquaty. d. Mcteat is paid 5145,000 in partnership caih for his equity. Sepreciation of $96,000

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