Hello please help with solving and showing me how to better undertand?

CP $12-5$

The following balance sheet is for the partnership of Able, Brown, and

Crown at November $1,2019.$

CHAPTER TWELVE $/$ Proprietorships and Partnerships First US Edition

The profit and loss sharing ratio is Able $40\%$; Brown: $40\%,$ and Crown:

$20\%.$ The partnership is dissolved and liquidated during November by

selling the other assets for $$100,000$ and paying off the creditors.

Required:

Prepare a schedule of partnership liquidation for the month

ending November $30,2019.$ Assume any capital deficiency is

absorbed by the other partners.

Prepare the journal entries to record the dissolution. Hi$,$ i need help solving this. if you could explain calculations that would be much appreciated. CP $12-5$ The following balance sheet is for the partnership of Able, Brown, and Crown at November $1,2019.$ Assets Cash Other assets $ $50,000$ Liabilities $ $20,000$ Accounts payable $180,000$ Partners' Capital Able, capital $$37,000$ Brown, capital $65,000$ Crown, capital $48,000$ $$200,000150,000$ $$200,000$ CHAPTER TWELVE $/$ Proprietorships and Partnerships First US Edition The profit and loss sharing ratio is Able $40\%$; Brown: $40\%,$ and Crown: $20\%.$ The partnership is dissolved and liquidated during November by selling the other assets for $$100,000$ and paying off the creditors. Required: $1.$ Prepare a schedule of partnership liquidation for the month ending November $30,2019.$ Assume any capital deficiency is absorbed by the other partners. $2.$ Prepare the journal entries to record the dissolution.