Journalize the following entry:

Chura, Palmer and Priamo are partners with in a technology consulting business. They have capital balances of $35 000, $25 000 and $12 000 respectively. They have an income ratio of 2:3:5. The partnership has the following assets and liabilities: Cash $20 000; Accounts Receivable $7 000; Computer Equipment $140 000; Accumulated Amortization - Computer Equipment $80 000; Note Payable $15 000. On December 1, the partners decide to liquidate the assets and close the partnership. They manage to collect all of the Accounts Receivable but could get only $10 000 for the computer equipment a Show the entry to record the sale of the assets b. Show the entry to allocate the loss to the partners. c. Show the entry to record the payment of the liabilities