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2 p Ali, Basel and Ziad are sharing income and loss in a 4.3.2 ratio respectively and decided to liquidate their partnership Prior to the

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2 p Ali, Basel and Ziad are sharing income and loss in a 4.3.2 ratio respectively and decided to liquidate their partnership Prior to the final dribution of cash to the partners. All has a capital balance of $(10,000), Basel has a capital balance of $24,000, and Ziad has a capital balance of $30,000. Also c balance is $50,000 All is NOT able to pay the amount he owes the partnership. Which of the following two journal entries are right to record this liquidation case? OA Basel Capital Ziad Capital 5,000 5,000 All Capital 10,000 Basel capital 19,000 31,000 Ziad capital Cash 50,000 OB Basel Capital 4,000 Ziad Capital 6,000 All Capital 10,000 Basel capital 18,000 32,000 Ziad capital Cash OC. Basel Capital 6,000 Ziad Capital 4,000 All Capital 18,000 Basel capital Ziad capital 32.000 50,000 10,000 Basel capital 18,000 Ziad capital Cash 32,000 50,000 OC Basel Capital 6,000 Ziad Capital 4,000 All Capital 10,000 Basel capital 18,000 32,000 Ziad capital Cash 50,000 OD Basel Capital 6,000 Ziad Capital 4,000 10,000 Basel capital 32,000 18,000 Ziad capital Cash 50,000 >Moving to another question will save this response. Ali Capital

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