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cash to All Basel and Ziad are sharing income and loss in a 4:32 to respectively and decided to liquidate their partnership. Prior to the

cash to All Basel and Ziad are sharing income and loss in a 4:32 to respectively and decided to liquidate their partnership. Prior to the final distribution o the partners, All has a capital balance of $(20,000), Basel has a capital balance of $48,000, and Zad has a capital balance of $72,000. Also, cash balance t $100,000. 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? OA Basal Capital Zad Capital 10,000 15,000 All Capital 20,000 Basel capital 38,000 Ziad capital Cash On Basel Capital Ziad Capital 62,000 100,000 12,000 8,000 All Capital 20,000 Basel capital Zlad capital Cash 36,000 64,000 100,000 OC Basel Capital 12,000 Ziad Capital 8,000 All Capital 20,000 Basel capital 64,000 Ziad capital 36,000 Cash 100,000 On Basel Capital 8,000

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