14. The partnership of Mo and Curly has the following capital balances: Mo's is $16,000 and Curly's is $8,000. Curly sells his share of the partnership equity to Shemp for $12,000 cash (to be paid to Curly). Mo agrees to this, so the entry to record the sale is: a. Cash... Shemp, Capital... b. Cash.... Curly, Capital......... Shemp, Capital... c. Cash.. Curly, Capital.... Shemp, Capital.. Mo, Capital.............. d. Curly, Capital.. Shemp, Capital. Capital. e. Curly, Capital... Mo, Capital........... Shemp, Capital... *********** *** 12,000 12,000 8,000 12,000 8,000 8,000 8,000 4,000 12,000 20,000 12,000 8,000 8,000 12,000