The three partners in ABC Company are Andrea, Betty, and Colleen. On December 31. Colleen withdraws from the partnership when the equities of the partners are. Andrea, $4,300; Betty, $3,100; and Colleen, $2,500. Andrea, Betty, and Colleen share net income and loss in a 7:3:1 ratio. Required: Prepare the journal entry to record Colleen's withdrawal if she is paid for her equity using partnership cash of $1,350. View transaction list Journal entry worksheet