1. What is the difference between the dissolution of a partnership and the liquidation o he liquidation of partnership property? 2. Why would the members of a partnership elect to terminate business operations an d liquid noncash assets? 3. Why are liquidation gains and losses usually recorded as direct adjustments to the partners' ca accounts? 4. After liquidating all property and paying partnership obligations, what is the basis for allocating remaining cash among the partners? 5. What is the purpose of a statement of liquidation? What information does it convey to its readers? 6. According to the Uniform Partnership Act, what events should occur if a partner incurs a negative capital balance during the liquidation process? 7. How are safe capital balances computed when preliminary distributions of cash are to be made ina partnership liquidation? 8. How do loans from partners affect the distribution of assets in a partnership liquidation? 9. What is the purpose of a proposed schedule of liquidation, and how is it developed? 10. How is a predistribution plan created for a partnership liquidation