The last picture shows the answers from a previous expert, as you will notice most of the answers are wrong, I am needing the CORRECT answers. So, everything with a RED X is wrong and I am asking for the correct answers.

Saved Help Required information Problem 12-5A Partner withdrawal and admission LO P3, P4 [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. The partnership's capital balances are as follows: Meir, $58,000; Benson, $89,000; and Lau, $153,000. Benson decides to withdraw from the partnership, and the partners agree not to have the assets revalued upon Benson's retirement. Problem 12-5A Part 2 Assume that Benson does not retire from the partnership described in Part 1. Instead, Rhode is admitted to the partnership on February 1 with a 25% equity Prepare journal entries to record Rhodes entry into the partnership under each of the following separate assumptions: Rhode invests (a) $100,000; (b) $73,000; and (c) $131000 (Do not round your intermediate calculations.) View transaction list Journal entry worksheet Prev