BU102 - Principles of Accounting Il Name The following two problems must be returned by 11:45am or receive a deduction of 18 points. Good luck! Problem #1 (30 points) The MFP Partnership in to be liquidated when the Indger shows the following Cash $ 50,000 Nonush Assets 200.000 Liabilities 50,000 Mossimo, Capital 75,000 Fandango, Capital 100.000 Plank, Capital 25.000 Mossimo. Fandango, and Plank's income ratios are 250, respective Instructions Preporo separate entries journal entries or T-accounts) to record the dion of the partnership assuming that the noncash we are sold for $100.000 na partner ends up with deficiency assume that particular partner does not invest additional ch your computation results in a decimal the round it to the nearest collet Problem #2 (14 points) Prior to the distribution of cath to the partners, the accounts of ABC Companyarwash 35.000 Adcock, Capital (Dr) 55,000, Buster Cape (Or3 525,000, and Capital Ce) 315.000 They are income on a 5.3 2 basis. Set up Tour Instructions Prepare entries to record in the stortion of Adcock's capital oficiency ty te the potens and (b) the distribution of cash to the partners with credit bancos