artners. Prior to the distribution of cash, the company's balances are Cash $63,800; Oakley, Capital (Cr) $51,400, Quaney, Capital (Dr.) $14,700; and Ellis, Capital (Cr.) $27.100. The income ratios of the three partners are 2:4:4, respectively. Prepare the entry to record the absorption of Quaney's capital deficiency by the other partners and the distribution of cash to the partners with credit balances. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Oakley, Capital Ellis, Capital Quaney, Capital (To record write-off of capital deficiency). Oakley, Capital Ellis Capital Cash Debit Credit