The O'Neill, Parkins , and Lamb partnership balance sheet reports capital of $ 55000 for O'Neill, $ 85000 for Parkins, and $ 15000 for Lamb. O'Neill is withdrawing from the firm. The partners have shared profits and losses in the ratio of 1/ 2 to O'Neill, 1/ 4 to Parkins, and 1/ 4 to Lamb. The partnership agreement states that a withdrawing partner will receive cash equal to the book value of his partners' equity. Journalize the withdrawal of O'Neill. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Date Accounts and Explanation Debit Credit