Question 1 John, Jake, and Joe are partners with capital accounts of $90,000, $78,000, and $64,000 actively. They share pots and losses in the ratio of 30:40:30. When the partners decide to liquidate, the business has $70,000 in cash, noncash assets totaling $200,000, and $90,000 in liabilities. The rocash assets are sold for $270,000, and the creditors are paid. (a) Your answer is partially correct. Try again. Prepare a schedule of partnership liquidation (Enter credit balance of an account and credit (4 ) to an around with negative s p eeding the number, 45 ar parentheses E Pro SP