Pharoah Company at December 31 has cash $24.000, noncash assets $106,000, abilities $51.800, and the following capital balances Floyd $48.000 and DeWitt $30.200 Therm is liquidated, and $111.000 in cash is received for the noncash assets. Floyd and DeWitt Income ratios are 70% and 30% respectively. Pharoah Company now decides to liquidate the partnership Prepare the entries to record (Credit account titles are automatically indented when amount is entered. Do not indhent manually The sale of noncassets. b. The allocation of the sain or loss on realization to the partners C. Payment of creditors d. Distribution of cash to the partners Account Titles and Explanation Debit Credit