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Business, 01.04.2021 16:30 Apple557

Hidd chain of grocery and fashion discount stores is a partnership business since along a time. They have three partners and the capital balances of partners as Salman BD 150,000: Rasheed BD 90,000 and Waleed BD 60,000. They are sharing net income or loss equally,
On 31 January Rasheed decided to leave the partnership due to some personal issues.
What is the journal entry of Rasheed retirement if getting BD 80,000 from the business for his equity?

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Hidd chain of grocery and fashion discount stores is a partnership business since along a time. They...
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