Required information The following information applies to the questions displayed below) Meir, Benson, and Lou are partners and share income and loss in a 14:5 ratio in percents: Meir, 10%. Benson, 40%, and Lau, 50%). The partnership's capital balances are as follows: Meir $28,000, Benson $119,000, and Lau, 5153,000. Benson decides to withdraw from the partnership 1. Prepare the journal entry to record Benson's withdrawal under each independent assumptions. (Do not found 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 $119,000 in partnership cash for her equity; (d) Benson is paid $157,000 in partnership cash for her equity; and (c) Benson is paid $13,500 in partnership cash plus equipment recorded on the partnership books at $33,500 less its accumulated depreciation of $11,600 View transaction that Journal entry worksheet 2 3 5 Record the withdrawal ir Benson sells her interest to North for $160,000 after North is approved as a partner Note: Enter debits before credits. General Journal Dobit Credit Transaction (a) 1:13:05 View transaction list Journal entry worksheet