Sam, Andrews, and Mary were partners in Gana Company. The

Sam, Andrews, and Mary were partners in Gana Company. The partners shared profits and losses 3:2:3, respectively. On April 1, 2014, the partnership showed the following account balances just prior to liquidation:

Sam, Andrews, and Mary were partners in Gana Company. The

Equipment was sold for $175,000. Prepare the journal entry to record the final distribution ofcash.

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