The Jefferson & Macer partnership has the following balances on December 31, 2018: (Click the icon to view the balances.) Jefferson and Macer share profits 1:1, respectively. Jefferson and Macer decide to liquidate the partnership. Journalize the sale of the non-cash assets for $87,000, the payment of the liabilities, and the payment to the partners. Assume Macer contri equal to the capital deficiency. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Journalize the payment of the liabilities. Date Accounts and Explanation Debit Credit 2018 Dec. 31 Journalize the cash contribution equal to the capital deficiency. Date Accounts and Explanation Debit Credit 2018 Choose from any list or enter any number in the input fields and then continue to the next question The Jefferson & Macer partnership has the following balances on December 31, 2018: Click the icon to view the balances.) Jefferson and Macer share profits 1:1, respectively. Jefferson and Macer decide to liquidate the partnership. Journalize the sale of the non-cash assets for $87,000, the payment of the liabilities, and the payment to the partners. Assume Macer contri equal to the capital deficiency. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Journalize the cash contribution equal to the capital deficiency. Date Accounts and Explanation Debit Credit 2018 Dec. 31 Journalize the payment to the partners. Date Accounts and Explanation Debit Credit 2018 Dec. 31 Choose from any list or enter any number in the input fields and then continue to the next question The Jefferson & Macer partnership has the following balances on December 31, 2018: (Click the icon to view the balances.) Jefferson and Macer share profits 1:1, respectively. Jefferson and Macer decide to liquidate the partnership. Journalize the sale of the non-cash assets for $87,000, the payment of the liabilities, and the payment to the partners. Assume Macer contri equal to the capital deficiency. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Journalize the payment of the liabilities. Date Accounts and Explanation Debit Credit 2018 Dec. 31 Journalize the cash contribution equal to the capital deficiency. Date Accounts and Explanation Debit Credit 2018 Choose from any list or enter any number in the input fields and then continue to the next question The Jefferson & Macer partnership has the following balances on December 31, 2018: Click the icon to view the balances.) Jefferson and Macer share profits 1:1, respectively. Jefferson and Macer decide to liquidate the partnership. Journalize the sale of the non-cash assets for $87,000, the payment of the liabilities, and the payment to the partners. Assume Macer contri equal to the capital deficiency. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Journalize the cash contribution equal to the capital deficiency. Date Accounts and Explanation Debit Credit 2018 Dec. 31 Journalize the payment to the partners. Date Accounts and Explanation Debit Credit 2018 Dec. 31 Choose from any list or enter any number in the input fields and then continue to the next