Alex and Bess have been in partnership for many years. The partners, who share profits and losses on a 70:30 basis, respectively, wish to retire and have agreed to liquidate the business. Liquidation expenses are estimated to be $4,500. At the date the partnership ceases operations, the balance sheet is as follows:

Cash$61,000Liabilities$45,500Noncash assets 200,000Alex, capital 140,000 Bess, capital 75,500Total assets$261,000Total liabilities and capital$261,000

Prepare journal entries for the following transactions that occurred in chronological order: (Do not round intermediate calculations. If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

a. Distributed safe cash payments to the partners. b. Paid $27,300 of the partnerships liabilities. c. Sold noncash assets for $215,500. d. Distributed safe cash payments to the partners. e. Paid remaining partnership liabilities of $18,200. f. Paid $3,500 in liquidation expenses; no further expenses will be incurred. g. Distributed remaining cash held by the business to the partners.