Question 6 of 6 - /20 View Policies Current Attempt In Progress On December 31, the capital balances and income ratlos in Sheridan Company are as follows. Partner Capital Balance $59.500 Income Ratio 50% Trayer Emis 35.500 30% Pouda 30 500 20% Journalte the withdrawal of Posada under each of the following assumptions Credit account ties are automatically indented when amount hentered. Do not inden manly) Question 6 of 6 - /20 amount is entered. Do notIndent manually (1) (2) Each of the continuing partners agrees to pay $18,600 in cash from personal funds to purchase Posada's ownership equity. Each receives S0% of Posada's equity Emig agrees to purchase Posada's ownership interest for $23,000 cash. Posada is paid $34,100 from partnership assets, which includes a bonus to the retiring partner Posada is paid $20,980 from partnership assets, and bonuses to the remaining partners are recognized (3) 0 No. Account Titles and Explanation Debit Credit uestion 6 of 6 > - /20 EXTI