pelas answer

PROBLEME Bambi Ce decided to liquidate their partnership business due to internal problems. The balance sheet the date of liquidation was as shown below Assets Cash Accounts Receivable Allowance for Doubtful Account Inventory Equipment Ace Depreciation Equipment Total Rambico Balance Sheet August 31, 2021 Liabilities and Owner's Equity S45,000 Notes Payable 1000 $28.000 Accounts Payable $29.000 (SI 1000) Interest Payable SIRO 584,000 AA, Capital IS $67.000 BB, Capital $41.000 (524,000) CC, Capital 500.000 S187.000 Total SIR7.000 A total of $70,000 was received from sale of non-cash assets. Income (Loss) is shared based on a ratio 2.2.4. Instructions Prepare a schedule of cash payments and necessary journal entries to record the transactions in case of I could paid his capital deficiency before the company's cash was distributed to other partners with credit capital balances 2 wasn't able to pay his capital deficiency. CC