The pipes company at 31/12/2019 has cash $250,000, non-cash assets $750,000, liabilities $310,000, and the following capital balances: Samar $340,000 and Qatar $350,000. The Firm is liquidated, and $700,000 in cash is received for the non-cash assets, Samar & Qatar income ratios 65%and 35% respectively. The journal entry for the sale of non-cash assets is: O a. Debit Cash 750,000 and credit both Non-cash assets 700,000 and Realization gain 50,000 O b. Debit Cash 950,000 and credit both Non-cash assets 750,000 and Realization gain 200,000 O c. Debit both Cash 250,000 and Realization loss 500,000 and credit Non-cash assets 750,000 O d. Debit Cash 700,000 and credit both Realization loss 50,000 and Non-cash assets 750,000