Partner 1 (a partnership) sells his 50% interest to Partner 2 (an individual) for cash, all outside of the main partnership.  What entries do I make on the main partnerships books to reflect the sale?  What do I do with the sellers (Partner 1) balances in their capital account, which is larger than the sale price?  Same question about the basis for the seller, (Partner 1); what do I do with it?

Thanks.