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9 Problem 12-5A Pnrtner voon Bensons r points Problem 12-5A Part 1 Do not round imermediate caiculetiens in partnership cash for her equity and (el is paid $12.500 in partnership cash plus equipment recorded on te の , Type here to search
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Journal Ent Date Account Title Debit Credit Workings A Bensons Capital $ 1,39,000 $ 1,39,000 To Norths Capital (being Benson sold his interest in pertnership to North) B Bensons Capital $ 1,39,000 $ 1,39,000 To Schmidts Capital (being Benson gift his interest in pertnership to schmidt) C Bensons Capital $ 1,39,000 To Cash $ 1,39,000 (being cash paid to Benson for capital) $ 1,39,000 S6,33:3 $ 31,667 D Bensons Capital Meirs Capital Laus Capital To Cash (177000-139000)/6 (177000-139000)5/6 $ 1,77,000 (being cash paid to Benson for capital) $ 1,39,000 $ 11,600 E Bensons Capital Accumulated Depreciation Equipment $ 12,500 To Cash TO Equipment To Meirs Capital To Laus Capital 32,500 S 17,600 (139000-12500-32500+11600)/6 S88,000 (139000-12500-32500+11600)5/6 (Being Equipment and cash paid to Benson for full n final ettlement

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