only case F

A. Bob, Gary and Bob, who share profits and losses in the ratio of 4:4:2, respectively, decide to liquidate their partnership on December 31, 2019. The condensed statement of financial position is presented below just prior to liquidation. BGC Partnership Statement of Financial Position December 31, 2019 ASSETS LIABILITIES AND EQUITY Cash P40,000 Liabilities P 224,000 Other Assets 680,000 Gary, Loan 10,000 Crab, Loan 16,000 Bob, Capital 190,000 Gary, Capital 120,000 Crab, Capital 160,000 Total Assets P 720,000 Total Liabilities and Equity P 720,000 Instruction: Prepare a statement of Liquidation and the required journal entries for each of the following cases and supporting schedule of cash distribution, if necessary assuming cash is immediately distributed to the proper parties. Assume also that the deficient partner/s will invest cash which is then distributed as second payment to the proper parties. Case A P 700,000 Case C P 370,000 Case E P 250,000 Case B 500,000 Case D 340,000 Case F 180,000