avid Wallace, Olena Dunn, and Danny Lin were partners in a commercial architect firm and showed the following account balances as f December 31, 2023: ue to several unprofitable periods, the partners decided to liquidate the partnership. The equipment was sold for $68,000 on anuary 1, 2024. The partners share any profit (loss) in the ratio of 21:1 for Wallace, Dunn, and Lin, respectively. equired: Complete the schedule. (Negotive answers should be indicated by o minus sign.) 2. Prepare the liquidation entries (sale of equipment, allocation of gain/loss, payment of creditors, final distribution of cash). Journal entry worksheet 2 4