2. The partnen ceminh and Duflee ahare in the profits and losses equally and their capital accounts have credit balances respective baiances as follows: Corrish, Gapital Dutfee,capital 13,00027,000 The account balances for Centish and Dutfee immediately prior to the liquidation are: Canh Land Accounts Paysble 11 The fand is sold for cash proceeds as follows \begin{tabular}{l} 20,000 \\ 40,000 \\ \hline 20,000 \\ \hline 46,000 \\ \hline \end{tabular} 12 (use the account-Gain/toss on liquidation of land) 14 RequiRto 15. Prepare the journal entries for the liquidetion of the partnerahip on Dec. 31/23