My Wor Masters, Hardy, and Rowen are dissolving their partnership. Their partnership agreement allocates income and losses equally among the partners. The current period's ending capital account balances are Masters, $16,000, Hardy, $16,000, Rowen, $(3,000). After all the assets are sold and liabilities are paid, but before any contributions to cover any deficiencies, there is $29,000 in cash to be distributed. Rowen pays $3,000 to cover the deficiency in his account. The general journal entry to record the final distribution would be: 59 Multiple Choice Debit Masters, Capital $16.000; debit Hardy. Capital $16,000; credit Rowen, Capital $3,000: credit Cash $29.000. Debit Masters, Capital $16.000; debit Hardy, Capital $16.000: w Prey 27 of 30 Next > w tv Debit Masters, Capital $16,000; debit Hardy, Capital $16,000; credit Rowen, Capital $3,000; credit Cash $29,000. Debit Masters, Capital $16,000; debit Hardy, Capital $16,000; credit Cash $32,000. Debit Masters, Capital $14,500; debit Hardy, Capital $14,500; credit Cash $29,000. Debit Masters, Capital $9,666; debit Hardy, Capital $9,667; debit Rowen, Capital $9,667; credit Cash $29,000. Prey 27 of 30 Next > W tv Debit Masters, Capital $16,000; debit Hardy, Capital $16,000; credit Cash $32,000. O Debit Masters, Capital $14,500: debit Hardy, Capital $14,500: credit Cash $29,000. Debit Masters, Capital $9,666; debit Hardy, Capital $9,667; debit Rowen, Capital $9,667; credit Cash $29,000. Debit Cash $29,000; debit Rowen, Capital $3,000; credit Masters, Capital $16,000; credit Hardy, Capital $16,000. POE 1A