A and B are partners sharing profit and loss equally on January 1 2013 they agreed to liquidate their partnership firm, at the time of liquidation the following information taken from their balance sheet. Cash 100,000 Other assets 800,000 Assets Account payable 40,000 Note payable 60,000 Equities A Capital 500,000 B Capital 300,000 Required: Record the liquidation of partnership firm in general journal under each of the following situation separately and also prepare a liquidation of each case separately. a. If other assets realized in cash Rs. 600,000 b. If other assets realized in cash Rs. 360,000