At November 30, the remaining assets, liabilities, and equity of the TDF Associates partnership had the balances that appear in the following liquidation table, as account balances prior to liquidation. The partners of TDF Associates share profit and losses on a 3:2 basis, respectively. The partners proceed with liquidating assets and paying off liabilities to wind up the partnership on November 30, The equipment is sold for $9,600 and the accounts payable are paid off and the remaining cash is given to the partners as a final distribution Complete the liquidation schedule with the necessary information. Where no entry is needed, leave the space blank. (Enter negative amounts using either a negative sign preceding the number es. 45 or parentheses es (451) Assets Cash Account balances prior to liquidation Sale of assets and share of gain Acc Depr Equipment $31.10 Equipment $34.400 $5 800 Balance Assets Cash Account balances prior to liquidation Sale of assets and share of gain Equipment $34.400 Acc. Depr. Equipment $31.106 $5,800 Balances Payment of liabilities Balances Distribution of cash to partners Final balances At November 30, the remaining assets, liabilities, and equity of the TDF Associates partnership had the balances that appear in the following liquidation table, as account balances prior to liquidation. The partners of TDF Associates share profit and losses on a 3:2 basis, respectively. The partners proceed with liquidating assets and paying off liabilities to wind up the partnership on November 30, The equipment is sold for $9,600 and the accounts payable are paid off and the remaining cash is given to the partners as a final distribution Complete the liquidation schedule with the necessary information. Where no entry is needed, leave the space blank. (Enter negative amounts using either a negative sign preceding the number es. 45 or parentheses es (451) Assets Cash Account balances prior to liquidation Sale of assets and share of gain Acc Depr Equipment $31.10 Equipment $34.400 $5 800 Balance Assets Cash Account balances prior to liquidation Sale of assets and share of gain Equipment $34.400 Acc. Depr. Equipment $31.106 $5,800 Balances Payment of liabilities Balances Distribution of cash to partners Final balances