On October 31, Siyar resres from the partrenhp of Skylar, Bob, and Trent. The purtner...
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Accounting
On October 31, Siyar resres from the partrenhp of Skylar, Bob, and Trent. The purtner captal balances are \$kylar, $40,000 : Aob $54,000, and Trent, $24,000. The prott-and foss-sharing rabio has been 5:3.2 for Sikyar, Bob. and Trent, respectively Requirements 1. Joumalie the withdrawal of Skyar aswuring she receives 505,000cash. 2. Journalize the witherawal of Bkylar ssureing she receives 120.000cash. Woumalin the witherawal of Skylar assuming she recelves $55,000 cash. (Recosd debta fint, thec credts. Select the exppanation on the last ine of the joumal entry tabie.)
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