The partnership at December 31, 2017 har cash 20,000, non si sta $220,000, stabilities $120,000, and the following capital balancan: Hoh 1,000 and Bob 550,000. The Partnership is liquidutud, and $100,000 In cach krocelund from sale the noncash erat, Hob and Bob Income ratios ara Gow and espectively Instructions (4) Prepare liquidation statement (b) Prepare the entries to record the following, (1) the sale of noncach annat. (2) Payment of creditore (4) Distribution of cual to the haters con case une Adnan, Salah and Marwan ara three partners in partnerships; on 1/1/2019 yo yot tha following information capital Profitione ratio Adnan 100,000 09 Malen R1,000 4019 Marwun 20,000 10 on the same date thwy agree to admit kareem on partnerships by invasiones 600,000 by giving him 20% capital laterest and profita Instructiongi. By using BONUS the record the format entre case Hande partners in Company. The ship agreement provide for: (1) salary allowances of $x,000 to Band 52,000 to R. (1) inter allowancar of 10 lat balances at the beginning of the year, and the remainder equally Capital balances may 1, wure B $10,000, and R $20,000. in 2017 martnership net income in $10,000. Required Prepare a schedule showing the distribution of net incom. On January 1, 2018 Delta Corporation had 100,000 preference shares innund and outstanding, thu nhuru have par value $1 per shara, during the year the following transactions occurred. Instruction: Prepare the journal antrinn for following transactions: April 1 issued 25,000 additional praterance shuru for $17 per sharn June 15 declared tuh dividend $3 per har July 10 paid the cash dividend that duclared on June 15 October 1 purchased 2,500 trenniy shares for Chwt $10 per shara Ducember 1 mold 1,000 trenuty shank for cash $12per shara