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Blackboard X DE Raraining Time: 52 minutes, 05 seconds affe -Question Completion Status All, Basel and Ziad are sharing income and loss in a 4.3.2

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Blackboard X DE Raraining Time: 52 minutes, 05 seconds affe -Question Completion Status All, Basel and Ziad are sharing income and loss in a 4.3.2 rato respectively and decided to liquidate their partnership. Prior to the tha aistitution of cash to the partners. Al has a capital balance of $10,000) Basel has a captal balance of $24,000, and 2as has a capital balance of $36,000 Also cash balance is 500,000 All is NOT able to pay the amount he owes the partnership. Which of the following two journal entries are right to record this liquidation case? O Basel Capital 4,000 Ziad Capital 6,000 All Capital 10,000 18.000 Basel capital Ziad capital Cash 32.000 50.000 O Basel Capital 1,000 Ziad Capital 5.000 10,000 Basel capital 15,000 31,000 Ziad capital Cash 50.000 OC Basel Capital 6,000 Ziad Capital 4,000 10,000 37,000 Basel capital Ziad capital Cash 18,000 50.000 All Capital All Capital DELL RECORDIN OB Batel Capital 5,000 Ziad Capital 5,000 Basel capital 19,000 31,000 Ziad capital Cash OC Basel Capital 6,000 Ziad Capital 4,000 All Capital Basel capital 32,000 18,000 Ziad capital Cash OD Basel Capital 6,000 Ziad Capital 4,000 Basel capital 18,000 Ziad capital 32,000 Cash Click Submit to complete this assessment All Capital All Capital 10,000 50,000 10,000 50,000 10,000 50,000 DELL

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