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fast please OB. Basel Capital Ziad Capital Basel capital Ziad capital Cash OC. Basel Capital Ziad Capital Basel capital Ziad capital Cash O D. Basel

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OB. Basel Capital Ziad Capital Basel capital Ziad capital Cash OC. Basel Capital Ziad Capital Basel capital Ziad capital Cash O D. Basel Capital Ziad Capital Basel capital Ziad capital Cash Ali Capital Ali Capital Ali Capital 6,000 4,000 18,000 32,000 5,000 5,000 19,000 31,000 4,000 6,000 18,000 32,000 10,000 50,000 10,000 50,000 10,000 50,000 OB. Basel Capital Ziad Capital Basel capital Ziad capital Cash OC. Basel Capital Ziad Capital Basel capital Ziad capital Cash OD. Basel Capital Ziad Capital Basel capital Ziad capital Cash Ali Capital Ali Capital Ali Capital 6,000 4,000 18,000 32,000 5,000 5,000 19,000 31,000 4,000 6,000 18,000 32,000 10,000 50,000 10,000 50,000 10,000 50,000 2 points Save Answer Ali, Basel and Ziad are sharing income and loss in a 4:3:2 ratio respectively and decided to liquidate their partnership. Prior to the final distribution of cash to the partners, Ali has a capital balance of $(10,000), Basel has a capital balance of $24,000, and Ziad has a capital balance of $36,000. Also, cash balance is $50,000. 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. Basel Capital 6,000 4,000 Ziad Capital 10,000 Basel capital 32,000 18,000 Ziad capital Cash 50,000 Ali Capital A company has callable bonds outstanding with a par value of $100,000. The unamortized discount on these bonds is $1,500. The company called to retire these bonds and paid a call premium (bonus) of $3,000. What is the gain or loss on this retirement? OA. $1,500 gain. OB. $3,000 loss. OC. $4,500 loss. OD. SO gain or loss

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