Allen, Boston and Call operate a partnership and share profits and losses in the ratio of 4:3:3 respectively. The partnership is unable to meet its obligations and the partners decide to liquidate the partnership. A balance sheet is prepared for the partnership just before liquidation. Assets Liabilities & Capital Cash LE 25,000 Accounts Payable LE 50,000 Non-Cash Assets LE150,000 Allen Capital LE 25,000 Boston Capital LE 35,000 Call Capital LE 65,000 Total Assets LE 175,000 Total Liabilities & Capital LE 175,000 Non-cash assets are sold for LE 75,000 cash and Allen is the only partner who is not able to cover any losses in his capital account from personal funds. Prepare journal entries to record the liquidation of the partnership and prepare the liquidation Schedule