The Millman & Kirkland partnership has the following balances on June 30, 2024: (Click the icon to view the balances.) Millman and Kirkland share profits 3:1, respectively. Millman and Kirkland decide to liquidate the partnership. Journalize the sale of the non-cash assets for $18,500, the payment of the liabilities, and the payment to the partners. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) ? Data table Journalize the payment of the liabilities. Date Accounts and Explanation Debit Credit Millman and Kirkland 2024 Balance Sheet Jun 30 Accounts Payable 28.000 June 30, 2024 Cash 28,000 Assets Liabilities Cash $ 20,000 Accounts Payable $ 28,000 Non-cash Assets 24,500 To record the payment of the outstanding liabilities. Partners' Equity Journalize the payment to the partners. Millman, Capital 6,000 Date 10,500 Accounts and Explanation Debit Credit Kirkland, Capital 2024 16,500 Total Partners' Equity Jun 30 $ 44,500 $ $ Total Assets Millman, Capital Kirkland, Capital Total Liabilities and Partners' Equity 44,500 Cash Print Done To distribute remaining cash based on partners' capital balances