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