this is the only information I have.

HIU Uraw Page Layout Formulas Data Review View Help Search E23 4 AB Immediately prior to the process of liquidation on December 31, 2014 partners Micco, Niccum, and Orwell of MNO Partnership have capital balances of $70,000, $20,000, and $40,000, respectively. There is a cash balance of $20,000, noncash assets total $170,000, and liabilities total $60,000. The partners share net income and losses in the ratio of 3:2:1. (Different than lecture.) If there is a defeciency assume the partner pays it. Sold non-cash assets for $80,000. 1. Prepare the Statement of Partnership Liquidation for the period December 1 - 31. 2014. Format V27 P 610.) 2. Journalize the entries to record the liquidation outlined below, using Assets as the account title for the noncash assets and Liabilities as the account title for all creditors' claims 12 P12.10L Sent LJEPS 200 pts (Note: All balances in any financial statement are "Normal balances. (v27 pe pg 63) Only negative when normal balance is negative: Example: Cash account overdrawn. Use format shown on Pages 727 P 610. All balance lines have $'s Numeric formats: $0 and SMKN is Currency format, KK, KEX "General comma". De S's and underscoring per pages referenced. MNO Partnership Statement of Partnership Liquidation For periond December 1 - 31, 2014 Cuth Norah L Percentage Income sharing rations XX.XX% Balances prior to liquidation: 20,000 170.000 e Mere 0.00070, 00020, 00040,000 Sold the noncash assets & Division of Gain/Loss 80,000 (170,000 (45.000 (100001 (15.000 Balances after realization. 100.000 000 25.000 (10 000 25.000 200.000 Paid the abilities. 60,000) Balances after payment of abilities 0 25,000 110,0000 10,000 25,000 Received cash from the partner with the deficiency Balances Distributed cash to the partners Final Balances Description Scoring Rubric Total points Assianment 12 P12-10 Stmt LiqJE's of PS Liq Xxxds 200 pts (1) - Excel File Home Page Layout Formulas Data Review View Help Search Insert Draw Xvly E23 pe Scoring Rubric Total points Sint PS Lig Profit Share's Journal Entries - Under score - Column Row titles & Total points 200 200 1005 50 Extra Credit Home - End Q WE 7 As BEB'I UDAYA BE%, M16 xVfx Immediately prior to the process of liquidation on December 31, 2014 partners Micco, Niccum, and Orwell of MNO S Partnership have capital balances of $70,000 $20,000, and $40,000, respectively. There is a cash balance of $20,000, noncash assets total $170,000, and liabilities total $60,000. The partners share net income and losses in the ratio of 3:21. Different than lecture) if there is a defeciency assume the partner pays it. Sold non-cash assets for $80,000 1. Prepare the Statement of Partnership Liquidation for the period December 1 - 31, 2014. (Format V27 Pe 61012 Journalize the entries to record the lquidation outlined below, using Assets as the account title for the noncash assets and Llabilities as the account Utle for all creditors' claims POP Note: All balanc e are o n M y give when negat amples w ere format shown on Pages 7610 All s forts and Curry for General.com . De and underwring a balance is have's Numeri e s referenced MNO Partnership Statement of Partnership Liquidation Forgerond December 1 - 31. 2014 LIIT Assignment + 29 MacBook Pro HA HA HA HU 10 A A A " EP 2 E BI L % - M16 X / / / // ///// TIL / / / 2001 Extra Cred 29 MacBook Pro Tali HIU Uraw Page Layout Formulas Data Review View Help Search E23 4 AB Immediately prior to the process of liquidation on December 31, 2014 partners Micco, Niccum, and Orwell of MNO Partnership have capital balances of $70,000, $20,000, and $40,000, respectively. There is a cash balance of $20,000, noncash assets total $170,000, and liabilities total $60,000. The partners share net income and losses in the ratio of 3:2:1. (Different than lecture.) If there is a defeciency assume the partner pays it. Sold non-cash assets for $80,000. 1. Prepare the Statement of Partnership Liquidation for the period December 1 - 31. 2014. Format V27 P 610.) 2. Journalize the entries to record the liquidation outlined below, using Assets as the account title for the noncash assets and Liabilities as the account title for all creditors' claims 12 P12.10L Sent LJEPS 200 pts (Note: All balances in any financial statement are "Normal balances. (v27 pe pg 63) Only negative when normal balance is negative: Example: Cash account overdrawn. Use format shown on Pages 727 P 610. All balance lines have $'s Numeric formats: $0 and SMKN is Currency format, KK, KEX "General comma". De S's and underscoring per pages referenced. MNO Partnership Statement of Partnership Liquidation For periond December 1 - 31, 2014 Cuth Norah L Percentage Income sharing rations XX.XX% Balances prior to liquidation: 20,000 170.000 e Mere 0.00070, 00020, 00040,000 Sold the noncash assets & Division of Gain/Loss 80,000 (170,000 (45.000 (100001 (15.000 Balances after realization. 100.000 000 25.000 (10 000 25.000 200.000 Paid the abilities. 60,000) Balances after payment of abilities 0 25,000 110,0000 10,000 25,000 Received cash from the partner with the deficiency Balances Distributed cash to the partners Final Balances Description Scoring Rubric Total points Assianment 12 P12-10 Stmt LiqJE's of PS Liq Xxxds 200 pts (1) - Excel File Home Page Layout Formulas Data Review View Help Search Insert Draw Xvly E23 pe Scoring Rubric Total points Sint PS Lig Profit Share's Journal Entries - Under score - Column Row titles & Total points 200 200 1005 50 Extra Credit Home - End Q WE 7 As BEB'I UDAYA BE%, M16 xVfx Immediately prior to the process of liquidation on December 31, 2014 partners Micco, Niccum, and Orwell of MNO S Partnership have capital balances of $70,000 $20,000, and $40,000, respectively. There is a cash balance of $20,000, noncash assets total $170,000, and liabilities total $60,000. The partners share net income and losses in the ratio of 3:21. Different than lecture) if there is a defeciency assume the partner pays it. Sold non-cash assets for $80,000 1. Prepare the Statement of Partnership Liquidation for the period December 1 - 31, 2014. (Format V27 Pe 61012 Journalize the entries to record the lquidation outlined below, using Assets as the account title for the noncash assets and Llabilities as the account Utle for all creditors' claims POP Note: All balanc e are o n M y give when negat amples w ere format shown on Pages 7610 All s forts and Curry for General.com . De and underwring a balance is have's Numeri e s referenced MNO Partnership Statement of Partnership Liquidation Forgerond December 1 - 31. 2014 LIIT Assignment + 29 MacBook Pro HA HA HA HU 10 A A A " EP 2 E BI L % - M16 X / / / // ///// TIL / / / 2001 Extra Cred 29 MacBook Pro Tali