Lewis, Zapata, and Fowler share equally in net income and net losses. After the partnership sells all assets for cash, divides the losses on realization, and pays the liabilities, the balances in the capita accounts are as follows: Lewis, $76, 580 Cr.; Zapata, $35, 050 Cr.; Fowler, $16.980 Dr. What term is applied to the debit balance in Fowler's capital account? What is the amount of cash on hand? On December 31, journalize the transaction that must lake place for Lewis and Zapata to receive cash in the liquidation process equal to their capital account balances. Refer to the Chart of Accounts for exact wording of account titles. What term is applied to the debit balance in Fowler's capital account? What is the amount of cash on hand? On December 31, journalize the transaction that must take place for Lev/is and Zapata to receive cash in the liquidation process equal to their capital account balances. Refer to the Chari of Accounts for exact wording of account lilies. Lewis, Zapata, and Fowler share equally in net income and net losses. After the partnership sells all assets for cash, divides the losses on realization, and pays the liabilities, the balances in the capita accounts are as follows: Lewis, $76, 580 Cr.; Zapata, $35, 050 Cr.; Fowler, $16.980 Dr. What term is applied to the debit balance in Fowler's capital account? What is the amount of cash on hand? On December 31, journalize the transaction that must lake place for Lewis and Zapata to receive cash in the liquidation process equal to their capital account balances. Refer to the Chart of Accounts for exact wording of account titles. What term is applied to the debit balance in Fowler's capital account? What is the amount of cash on hand? On December 31, journalize the transaction that must take place for Lev/is and Zapata to receive cash in the liquidation process equal to their capital account balances. Refer to the Chari of Accounts for exact wording of account lilies