sessment Player UI Appl: x NWP Assessment Player Ul Appli x References Om/was/ui/v2/assessment-player/index.html?launchld=5a23b105-a1df-4ba1-a976-52032ac8a1dd#/question/8 Question 9 of 10 < -/1 Oriole Company at December 31 has cash $21.200, noncash assets $105,000, abilities $54,200, and the following capital balances: Floyd $46,200 and DeWitt $25,800. The firm is liquidated, and $116,000 in cash is received for the noncash assets. Floyd and DeWitt income ratios are 60% and 40%, respectively. Oriole Company now decides to liquidate the partnership. unt is entered. Do not indent manually Prepare the entries to record: (Credit account titles are automatically indented when amount is The allocation of the gain or loss on realization to the partners Payment of creditors a The sale of noncash assets. b. d. Distribution of cash to the partners Account Titles and Explanation Debit Credit a.