On November 1, the MFP Partnership is to be liquidated when the ledger shows the following: Cash $ 50,000 Noncash Assets 200,000 Liabilities 50,000 Mossimo, Capital 75,000 Fandango, Capital 100,000 Plank, Capital 25,000 Instructions Prepare the journal entries for the following transactions: a. Noncash assets are sold for $140,000 in cash. b. Gain/loss from (a) was distributed 60% Mossimo, 30% Fandango and 105 Plank. C. Liabilities were paid in full. d. Remaining cash was distributed to the partners. Date Account Debit Credit