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Journalize all necessary liquidating entries from the following information: Capital balances before liquidation were Daniel $30.000, Burton $5,000 and Carla $35,000; Cash was $10,000, noncash

Journalize all necessary liquidating entries from the following information: Capital balances before liquidation were Daniel $30.000, Burton $5,000 and Carla $35,000; Cash was $10,000, noncash assets were $90,000; liabilities $30,000; Partners share income 2:1:1; noncash assets were sold for $80,000.

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