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estion 1 5 points Savo Arrow A, B and Care partners and sharing income and loss in a 3.2.1 ratio respectively. They decided to liquidate

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estion 1 5 points Savo Arrow A, B and Care partners and sharing income and loss in a 3.2.1 ratio respectively. They decided to liquidate the partnership. Bofore the final distribution of the remaining cash to the partners. A has a capitol balance of $ (30,000), B has a capital balance of $72,000 and C has a capital balance of $48,000. Cash balance is $90,000. A paid the amount he owes the partnershir. Required: Preporo Journal entries to record the above liquidation process. YOUR ANSWER SHOULD BE IN THE FOLLOWING FORM, DO NOT USE BETWEEN NUMBERS Dr. Cash 100000 Cr. Land 100000 For the toolbar, press ALT F10 (PC) or ALT FN+F10 (Mac). BI VS Paragraph Arial 10pt PE A 2 I. % @ Q 40 O WORDS POWERED LIY TINY

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