Question: 15-16 Please I need a correct and clear answer estion 15 2 points Save Answer Ali, Basel and Ziad are sharing income and loss in

15-16

Please I need a correct and clear answer

15-16 Please I need a correct and clear answer estion 15 2
points Save Answer Ali, Basel and Ziad are sharing income and loss
in a 4:3:2 ratio respectively and decided to liquidate their partnership. Prior

estion 15 2 points Save Answer Ali, Basel and Ziad are sharing income and loss in a 4:3:2 ratio respectively and decided to liquidate their partnership. Prior to the final distribution of cash to the partners, All has a capital balance of $(30,000), Basel has a capital balance of $72,000, and Ziad has a capital balance of $108,000 Also, cash. balance is $150,000. All is NOT able to pay the amount he owes the partnership. Which of the following two journal entries are right to record this liquidation case? OA Basel Capital 18,000 12,000 Ziad Capital 30,000 Basel capital 54,000 Ziad capital 96,000 Cash 150,000 OB Basel Capital 18,000 Ziad Capital 12,000 30,000 Basel capital 96,000 D 54,000 Ziad capital Cash 150,000 O Basel Capital 12,000 Ziad Capital 18,000 30.000 All Capital All Capital All Capital OB Basel Capital Ziad Capital Basel capital Ziad capital Cash OC Basel Capital Ziad Capital Basel capital Ziad capital Cash OD. Basel Capital Ziad Capital Basel capital Ziad capital Cash All Capital All Capital All Capital 18,000 12,000 96,000 54,000 12,000 18,000 54,000 96,000 15,000 15,000 57,000 93,000 30,000 150,000 30,000 150,000 30,000 150,000 estion 16 4 points Save Answer Kingdom Corporation has the following. Preferred stock, $10 par value, 7%, 50.000 shares issued $500,000 -Common stock, $15 par value, 300,000 shares issued and outstanding $4,500,000 In 2020, The company declared and paid $30,000 of cash dividends. In 2021. The company declared and paid $150,000 of cash dividend. Required, How much is the TOTAL cash dividends that will be distributed to preferred and common stockholders over the two years, assuming the preferred stock is Non-cumulative Please DO NOT use the "S" and "," signs In you answer. For example, if the right answer is Preferred $10,000 and Common $15,000, it should be EXACTLY written as: 10000 15000 Preferre Common

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