Could someone help with parts a, b, and c?
Here are the same photos just better quality (They're more readable)
dawn up a the time thswe the felseirg acsourt beiancre. Part in Port e ce7perane" 29 Pad at aweitues Psit 6 3. Fad al assiter 4 0 -s dreed ale orpmerits of cash ocain Fart Journall entry worksheet peallivedeen juth. The partnership of Frick, Wilson, and Clarke has elected to cease all operations and liquidate its business property. A balance sheet drawn up at this time shows the following account balances: Part A Prepare a predistribution plan for this partnership. Part B The following transactions occur in liquidating this business: 1. Distributed safe payments of cash immediately to the partners. Liquidation expenses of $8,000 are estimated as a basis for this computation. 2. Sold noncash assets with a book value of $92,000 for $61,000. 3. Paid all liabilities. 4. Distributed safe payments of cash again. 5. Sold remaining noncash assets for $50,000. 6. Paid actual liquidation expenses of $6,000 only. 7. Distributed remaining cash to the partners and closed the financial records of the business permanently. Produce a final statement of liquidation for this partnership using the predistribution plan to determine payments of cash to partners. Part C Prepare journal entries to record the liquidation transactions reflected in the final statement of liquidation. 2. Sold noncash assets with a book value of $92.000 for $61,000. 3. Paid all liabilities. 4. Distributed safe payments of cash again. 5. Sold remaining noncash assets for $50.000. 6. Paid actual liquidation expenses of $6,000 only. 7. Distributed remaining cash to the partners and closed the financial records of the business permanently. Produce a final statement of liquidation for this partnership using the predistribution plan to determine payments of cash to partners Part C Prepare journal entries to record the liquidation transactions reflected in the final statement of liquidation, Complete this question by entering your answers in the tabs below. Prepare a predistribution plan for this partnership. Complete this question by entering your answers in the tabs below. Produce a final statement of liquidation for this partnership using the predistribution plan to determine payments of cash to partners. (Co not intermediate calculations.) Complete this question by entering your answers in the tabs below. Prepare joumal entries to record the liquidation transactions reflected in the final statement of liquidation. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Journal entry worksheet \langle Record the entry for initial cash payments made to partners in accordance with predistribution plan. Notet Enter debits before credits. dawn up a the time thswe the felseirg acsourt beiancre. Part in Port e ce7perane" 29 Pad at aweitues Psit 6 3. Fad al assiter 4 0 -s dreed ale orpmerits of cash ocain Fart Journall entry worksheet peallivedeen juth. The partnership of Frick, Wilson, and Clarke has elected to cease all operations and liquidate its business property. A balance sheet drawn up at this time shows the following account balances: Part A Prepare a predistribution plan for this partnership. Part B The following transactions occur in liquidating this business: 1. Distributed safe payments of cash immediately to the partners. Liquidation expenses of $8,000 are estimated as a basis for this computation. 2. Sold noncash assets with a book value of $92,000 for $61,000. 3. Paid all liabilities. 4. Distributed safe payments of cash again. 5. Sold remaining noncash assets for $50,000. 6. Paid actual liquidation expenses of $6,000 only. 7. Distributed remaining cash to the partners and closed the financial records of the business permanently. Produce a final statement of liquidation for this partnership using the predistribution plan to determine payments of cash to partners. Part C Prepare journal entries to record the liquidation transactions reflected in the final statement of liquidation. 2. Sold noncash assets with a book value of $92.000 for $61,000. 3. Paid all liabilities. 4. Distributed safe payments of cash again. 5. Sold remaining noncash assets for $50.000. 6. Paid actual liquidation expenses of $6,000 only. 7. Distributed remaining cash to the partners and closed the financial records of the business permanently. Produce a final statement of liquidation for this partnership using the predistribution plan to determine payments of cash to partners Part C Prepare journal entries to record the liquidation transactions reflected in the final statement of liquidation, Complete this question by entering your answers in the tabs below. Prepare a predistribution plan for this partnership. Complete this question by entering your answers in the tabs below. Produce a final statement of liquidation for this partnership using the predistribution plan to determine payments of cash to partners. (Co not intermediate calculations.) Complete this question by entering your answers in the tabs below. Prepare joumal entries to record the liquidation transactions reflected in the final statement of liquidation. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Journal entry worksheet \langle Record the entry for initial cash payments made to partners in accordance with predistribution plan. Notet Enter debits before credits