es Toast, a Belleville, Ontario, restaurant, began with investments by the partners as follows: Lea, $233,700; Eva, $177,700, and Sophia, $192,100. The first year of operations did not go well, and the partners finally decided to liquidate the partnership, sharing all losses equally. On December 31, after all assets were converted to cash and all creditors were paid, only $60,500 in partnership cash remained. Required: 1. Calculate the capital account balances of the partners after the liquidation of assets and payment of creditors. (Negative amounts should be indicated by a minus sign.) Capital balances Lea View transaction list Eva Sophia Total 2. Assume that any partner with a deficit pays cash to the partnership to cover the deficit. Present the general journal entries on December 31 to record the cash receipt from the deficient partner(s) and the final disbursement of cash to the partners.