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All, Basel and Ziad are sharing income and loss in a 432 rao respectively and decided to guidate their partnership Prior to the final do
All, Basel and Ziad are sharing income and loss in a 432 rao respectively and decided to guidate their partnership Prior to the final do fawn to the pada p balance of $20,000), Basel has a capite balance of $48,000, and Ziad has a capital balance of $72,000 An cash balance is $100.000. All is NOT able to pay the amount he owes the partnership. Which of the tohowing twn journal ends are right this gutun ase OA Masel Capital d Capital 8,000 12.000 All Capital 20.308 Basel capital 30,000 Ziad capital Cash 64.000 100,000 On Basel Capital 12,000 Ziad Capital 8,000 All Capital 20,000 Basel capital 64,000 Ziad capital 36,000 Cash 100,000 OC Basel Capital 10,000 Ziad Capital 15,000 All Capital 20,000 Basel capital 38,000 Ziad capital 62,000 100,000 Cash OD. Basel Capital 12,000 Ziad Capital 8,000 20,000 All Capital Basel capital 36,000 Ziad capital 64,000 100,000 Cash Moving to another question will save a respos Question 12 All, 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 debitation of cash balance of $(20,000), Basel has a capital balance of $48,000, and Ziad has a capital balance of $72.000 Ass, cash balance $100.000 All NOT able to peg the c partnership. Which of the following two journal entries are right to record this liquidation case? OA Basel Capital Ziad Capital All Capital Basel capital 8,000 12,000 20,000 36,000 Ziad capital Cash 64,000 100,000 Basel Capital Ziad Capital 12,000 8,000 D All Capital 20,000 Basel capital 64,000 Ziad capital 36,000 Cash 100,000 C Basel Capital 10,000 Ziad Capital 15,000 All Capital 20,000 30.000 POLL Which of the following two journal entites are right to reciont this liquidation OA Masal Capal 0.000 12.000 All Capital 20.000 Basel capital 36,000 ad capital Cast 64,000 100,000 C. Masel Capital Ziad Capital 12,000 8,000 All Capital 20,000 Basel capital 64,000 Ziad capital 36,000 Cash 100,000 OC Basel Capital 10,000 Ziad Capital 15.000 All Capital 20,000 Basel capital 38,000 Ziad capital 62,000 Cash OD Basel Capital 100,000 12,000 Ziad Capital 8,000 All Capital 20,000 Basel capital 36,000 Ziad capital 64,000 Cash 100,000
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