son 1 Noor, Tala and Sara are three partners on 31/12/2019 the capital balances are 10,000, 15,000 and 20,000 respectively on the same date Tala decide to withdraws from partnership, the company paid her $ 18,000 the debit side of journal entry is: -ed out of question Select one: a. cash 20,000 b. Tala capital 18,000 C. Tala capital 15,000 d. cash 18,000 If a partner invests noncash assets in a partnership, they should be recorded by the partnership at their book value. Select one: True False on 3 if X and Y agree to establish partnership with total capital 24,000 divided 2:1 respectively what is the amount of Y capital ed Select one: out of a. 16,000 question b. 10,000 C. 8,000 d. 12,000 stion 4 when equipment cost 12,000 and accumulated depreciation 3500 , in the same date on time of liquidation sold by 9500 the gains or loss on sales is zero et ered Select one: ed out of O True g question O False on 5 In partnership liquidation the first cash distribution should be made for - ed Select one: a. Liquidation expenses out of b. loan to partner question c. partner capital d. loan to bank Hestion 6 in the time of liquidation when cars cost 20,000 and the accumulated depreciation 6,000 sold for 14,000 the profit or loss from sales of car is et yet swered arked out of Select one: 20 0 a. O Flag question O b. 4,000 loss C. 6,000 loss O d. 6,000 profit on 7 Salary allowances to partners are a major expense on most partnership income statements ed Select one: True out of False