Problem 3. Jughead, Archie, and Reggie are partners of Riverdale Partnership engage in the distribution of maple syrup in the town of Sweet Water River. Their capital balances and P/L are: Jughead (40%) Archie (40%) Reggie (20%) P500,000 300,000 200,000 Jughead decided to retire from the partnership. Case a. The partnership paid P500,000 to Jughead. b. The partnership paid P620,000 to Jughead c. The partnership paid P450,000 to Jughead. Required: Journal entries for the above cases and solutions in good form