A) The partnership of Brian and Peter has the following capital balances: Brian's is $16,000 and Peter's is $8,000. Peter sells his share of the partnership equity to Stewe for $12,000 cash (to be paid to Peter). Brian agrees to this, so the entry to record the sale would be

B) In the liquidation of a partnership, the balances prior to the distribution of cash to the partners are Cash $204,000; Lewis, Capital $112,000; Harvey, Capital $104,000; and Frank, Capital Deficiency $(12,000). The profit and loss ratio is 6:2:2, respectively. How much cash should be distributed to Harvey if Frank does not pay his capital deficiency?