The Jefferson & Malone partnership has the following balances on December 31, 2018 Click the icon to view the balances) Jefferson and Malone share profts 1, spevaly Jeterson and Malone decide to quit the partnership Joumalire the the non cash for $4,000, the payment of the lates, and the payment to the partners are Malone contbutes chequel to the capital deficiency Record its first the credits Select the explanation on the line of the jour entry table Data Table Journ the sale of the cash for $64.000 Date Accounts and Explanation 2018 Dec 31 Debit Cred Jefferson and Malone Balance Sheet December 31, 2018 Assets 58.000 Car Non-cash Assets Journal the allocation of and gain or on the sale of the non- Date Accounts and Explanation Debi Credit 28,000 Accounts Payable 114,000 Parte Equity ters, Catal Malone, Capital Total Patre Equity 10.000 Total Liabilities and Partners' Equity 2018 Dec 31 24.000 74.000 $ 142,000 Total Print Done 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 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