10 11 12 13 Cora FINANCIAL ACCOUNT Question A B and Care partners and sharing income and loss in a 321 ratio respectively. They decided to liquidate the partnership Before the conteng cash to the partners. A has a capital balance of $ (30.000), B has a capital balance of $72.000 and Chance of $45.000 Cash 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) O ALT+FN-F10 Mac, B 1 US Paragraph Aria 10pt A T. XO ==== x x 30 * B 1 - x r +] EE! EN FE WOS 10 11 12 13 Cora FINANCIAL ACCOUNT Question A B and Care partners and sharing income and loss in a 321 ratio respectively. They decided to liquidate the partnership Before the conteng cash to the partners. A has a capital balance of $ (30.000), B has a capital balance of $72.000 and Chance of $45.000 Cash 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) O ALT+FN-F10 Mac, B 1 US Paragraph Aria 10pt A T. XO ==== x x 30 * B 1 - x r +] EE! EN FE WOS