Required information [The following information applies to the questions displayed below) Melc, Benson, and Lau are partners and share income and loss in a 3:2:5 ratio in percents: Melr, 30%, Benson, 20%; and Lau, 50%). The partnership's capital balances are as follows: Melr, $168,000, Benson, $138,000; and Lau, $294,000 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.) (*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 ( Benson is paid $138,000 in partnership cash for her equity: (dBenson is paid $294.000 in partnership cash for her equity, and (e) Benson is paid $30,000 in partnership cash plus equipment recorded on the partnership books at $70,000 less its accumulated depreciation of $23,200. View transaction list Journal entry worksheet 5 > Record the withdrawal Benson ses her interest to North for $160,000 after North is approved as a partner General Journal Debit Credit MacBook Air . $ 4 X 5 6 IN 8 9 0 E R T Y C C 1 O P s D F G H J C V B N M *