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The receipt of $6,000 in advance ticket sales would be recorded as Quinn, Mellissa, and Harper are liquidating their partnership. They have no agreement for

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The receipt of $6,000 in advance ticket sales would be recorded as Quinn, Mellissa, and Harper are liquidating their partnership. They have no agreement for sharing profits and losses. The ending capital account balances are Quin, $13,000; Mellissa, $13,000; Harper, ($2,000). There is $60,000 in cash to be distributed to the partners. The journal entry to record the distribution should be

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