Journal entry worksheet Record the retirement of Perez assuming that she is paid $1,750 for her equity. Note: Enter debits before credits. Lopez, Cruz, and Perez are partners and share net income and loss in a 7:3:1 ratio (in ratlo form: Lopez, 7/11; Cruz, 3/11, and Perez, 1/11). On December 31. Perez withdraws from the partnership when the equities of the partners are: Lopez, $3,100;; Cruz, $1,900; and Perez. $1,300. Prepare journal entries to record Perez's withdrawal under each separate situation: Perez is paid for her equity using parthership cash of (1) \$1,300; (2) \$1,750; and (3) $750. Journal entry worksheet 3 Record the retirement of Perez assuming that she is paid $1,300 for her equity. Notni Enter debes before credis. Journal entry worksheet Record the retirement of Perez assuming that she is paid $750 for her equity. Note: Enter debits before credits..