Withdrawal of partner Instruction Chart of Accounts Journal Instructions Lane Stevens is to retire from the art of Stevens and Associates as of March 31, the end of the current fiscal year her cloning the accounts, the capital ancos of the parts follow Lane Stevens, 146,010, ChemeFord, 572,050 and Larous Rolin.150 They have shared recome wenses in the rate of 22 The partners agree that the merchandise nventory should be increased by 515.000, and the allowance for doubtful accounts should be increased by 1.560 Stevens agrees to acceptance for $104.000 in tal settlement of an ownership qaty Thermander of his com is to be paid in cash Ford and Robins are to share equally in the net income or notion of the new partnership Journalize the entries to record(a) the adult of the set to bring them into agreement with current market prices and the withdrawal of Stoves from the porter on that Hetero the Chart of Accounts for exact wording of accounts withdrawal of partner Instructions Chart of Accounts Journal Instructions Lane Steve is to rent from the action of Stevens and Associates as of March 31. the end of the current local year. Altes cosing the accounts, he crot balances of the parts are as follows cone Stevens, 146,010 Chemie Ford, 572,060, and Lahturous Rots, 550.180 They have shared the income and not ones in the ratio of 323. The parters agree that much Inventory should be increased by 516,000, and the allowance for dette accounts should be increased by $10 Stevens agrees to acceptance for $10,000 n parti settement les ortho equty Thermander of his claim is to be paid in cash. Ford and Rolins are to share equally in the net income opet done of the new partnership Journale tue entries to record (a) the acustruit of the assets to brwg them into agreement with current market prices and in the waterwatot Stevens from the partnership on March at Hinter to the Chair of Accounts for exact wording of accounts