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, Ali has a capital balance of $(20,000), Basel has a capital balance of $48,000, and Ziad has a capital balance of $72,000. Also, cash balance is $100,000. Ali 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 Ziad Capital 10,000 15,000 Ali Capital 20,000 Basel capital 38,000 Ziad capital 62,000 Cash 100,000 O B. Basel Capital 12,000 Ziad Capital 8,000 Ali Capital 20,000 Basel capital 36,000 Ziad capital 64,000 100,000 Cash OC Basel Capital 12,000 Ziad Capital 8,000 Which of the following two journal entries are right to record this liquidation case? OA Basel Capital 10,000 Ziad Capital 15,000 Ali Capital 20,000 Basel capital 38,000 Ziad capital Cash OB. Basel Capital 62,000 100,000 12,000 Ziad Capital 8,000 Ali Capital 20,000 Basel capital 36,000 Ziad capital Cash 64,000 100,000 OC Basel Capital 12,000 Ziad Capital 8,000 Ali Capital 20,000 Basel capital 64,000 Ziad capital 36,000 Cash 100,000 OD. Basel Capital 8,000 Ziad Capital 12,000 Ali Capital 20,000 Basel capital 36,000 Ziad capital 64,000 Cash 100,000