Question: Data for The Freema Company are presented in E12-8. Instructions Prepare the entries to record: (a) The sale of non-cash assets. (b) The allocation of

Data for The Freema Company are presented in E12-8.
Instructions
Prepare the entries to record:
(a) The sale of non-cash assets.
(b) The allocation of the gain or loss on realization to the partners.
(c) Payment of creditors.
(d) of cash to the partners.

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