1. Angry, Apple, and Tree were partners who shared profits and losses on a 7:5:8 basis, respectively. They were beginning to liquidate their business. At the start of the process, capital balances were as follows: Angry, Capital Apple, Capital Tree, Capital 34,000 30,000 200,000 In addition to the capital shown above, the partnership recorded $33,000 cash, $555,000 noncash assets, and liabilities of $324,000 on the balance sheet dated just prior to the liquidation. Liquidation expenses were estimated to be $6,000. After the liquidation expenses were paid and all noncash assets sold, Angry ended with a negative capital balance (deficit] of $8,000. What was the total sales amount for all the noncash assets? [5 points) Mayor of Munchkin City adopted a General Fund budget for the year ending May 31, 2019. The budget showed revenues of $4,210,000, bond proceeds of $1,024,000, appropriations of $3,975,000, and operating transfers of $935,000. Prepare journal entry showing budget integration into fund accounting records [6 points] 1. Angry, Apple, and Tree were partners who shared profits and losses on a 7:5:8 basis, respectively. They were beginning to liquidate their business. At the start of the process, capital balances were as follows: Angry, Capital Apple, Capital Tree, Capital 34,000 30,000 200,000 In addition to the capital shown above, the partnership recorded $33,000 cash, $555,000 noncash assets, and liabilities of $324,000 on the balance sheet dated just prior to the liquidation. Liquidation expenses were estimated to be $6,000. After the liquidation expenses were paid and all noncash assets sold, Angry ended with a negative capital balance (deficit] of $8,000. What was the total sales amount for all the noncash assets? [5 points) Mayor of Munchkin City adopted a General Fund budget for the year ending May 31, 2019. The budget showed revenues of $4,210,000, bond proceeds of $1,024,000, appropriations of $3,975,000, and operating transfers of $935,000. Prepare journal entry showing budget integration into fund accounting records [6 points]