Required information [The following information applies to the questions displayed below.] Meir, Benson, and Lau are partners and share income and loss in a 2:3:5 ratio (in percents: Meir, 20%; Benson, 30%; and Lau, 50%). The partnership's capital balances are as follows: Meir, $48,000; Benson, $74,000; and Lau, $128,000. Benson decides to withdraw from the partnership. 1. Prepare the journal entry to record Benson's withdrawal under each independent assumptions. (Do not round intermediate calculations.) (a) Benson sells her interest to North for $160,000 after North is approved as a partner; (b) Benson gives her interest to a son-in-law, Schmidt, and Schmidt is approved as a partner; (c) Benson is paid $74,000 in partnership cash for her equity; (d) Benson is paid $112,000 in partnership cash for her equity. View transaction list Journal entry worksheet 1 2 3 4 Record the withdrawal if Benson sells her interest to North for $160.000 after Journal entry worksheet < 1 2 3 4 Record the withdrawal if Benson sells her interest to North for $160,000 after North is approved as a partner. Note: Enter debits before credits. Transaction (a) General Journal Debit Credit Record entry Clear entry View general journal Journal entry worksheet 2 3 4 Record the withdrawal of Benson on the assumption that she gives her interest to a son-in-law, Schmidt and Schmidt is approved as a partner. Note: Enter debits before credits. Transaction (b) General Journal Debit Credit Record entry Clear entry View general journal Journal entry worksheet 2 3 4 Record the withdrawal of Benson on the assumption that she is paid $74,000 in partnership cash for her equity. Note: Enter debits before credits. Transaction (c) General Journal Debit Credit Record entry Clear entry View general journal Journal entry worksheet 2 3 Record the withdrawal of Benson on the assumption that she is paid $112,000 in partnership cash for her equity. Note: Enter debits before credits. Transaction (d) General Journal Debit Credit Record entry Clear entry View general journal Journal entry worksheet 2 3 Record the withdrawal of Benson on the assumption that she is paid $112,000 in partnership cash for her equity. Note: Enter debits before credits. Transaction (d) General Journal Debit Credit Record entry Clear entry View general journal