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1 2 3 4 5 6 8 9 10 11 12 13 Moving to another question will save this response. >> Question 2 5 points Save Answer A, B and C are partners and sharing income and loss in a 3:2:1 ratio respectively. They decided to liquidate the partnership. Before the final distribution of the remaining cash to the partners, A has a capital balance of $ (90,000), B has a capital balance of $216,000 and C has a capital balance of $144,000. Cash balance is $270,000. A paid the amount he owes the partnership. Required: Prepare journal entries to record the above liquidation process. YOUR ANSWER SHOULD BE IN THE FOLLOWING FORM; DO NOT USE"" BETWEEN NUMBERS: Dr. Cash 100000 Cr. Land 100000 For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BI y Paragraph Arial 10pt E A 2 Ix % od Q 55 > P O WORDS POWERED BY TINY A Moving to another question will save this response. Question 2 of 13 > >>

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