ples of X WP Chapter 12 Assignment X NWP Assessment Player UI Appli X + https://assessment.education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=c046e216-37fb-4ea Question 16 of 17 - 18 8 On November 15 of the current year, the account balances in Crane Partnership were Cash $8,560; Land $20,000, D. Dupuis, Capital $12,300, V. Dueck, Capital $10,600; and B. Veitch, Capital $5,660. The three partners share profit and losses equally. The land was sold for $23,600 cash. Prepare the journal entry to record the sale of the land. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Nov. 15 (To record realization of assets.) eTextbook and Media Prepare the journal entry to distribute any resulting gain or loss to the capital accounts. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Nov. 15 (To allocate gain on realization.) search O G