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10 Moving to another question will save this response. Question 15 Question 15 of 16! 2 points Ali, Basel and Ziad are sharing income and
10 Moving to another question will save this response. Question 15 Question 15 of 16! 2 points Ali, Basel and Ziad are sharing income and loss in a 432 ratio respectively and decided to liquidate their partnership Prior to the final distribws partners, Al has a capital balance of $(10,000), Basel has a capital balance of $24,000, and Ziad has a capital balance of $36,000 Also, casps to activate W $50,000 Ali is NOT able to pay the amount he owes the partnership. Which of the following two journal entres are right to record this liquidation case? $50,000. Ali is NOT able to pay the Which of the following two journal entries are right to record this liquidation case? OA Basel Capital Ziad Capital 6,000 4,000 Ali Capital 10,000 Basel capital 32,000 Ziad capital Cash 18,000 50,000 OB Basel Capital 5,000 Ziad Capital 5,000 Ali Capital 10,000 Basel capital 19,000 Ziad capital 31,000 Cash 50,000 hp 5,000 Ali Capital 10,000 Basel capital 19,000 Ziad capital 31,000 Cash OC Basel Capital 50,000 6,000 Ziad Capital 4,000 Ali Capital 10,000 Basel capital 18,000 Ziad capital Cash OD. Basel Capital 32,000 50,000 4,000 Ziad Capital 6,000 Ali Capital 10,000 Basel capital 18,000 Ziad capital 32,000 Cash 50,000
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