Question: Moving to another question will save this repome Question 1 points X, Y and Z are partners and sharing income and loss in a 32:1
Moving to another question will save this repome Question 1 points X, Y and Z are partners and sharing income and loss in a 32:1 ratio respectively. They decided to liquidate the partnership Before the trud deletion of the mining cank is the partners, X has a capital balance of $ (9,000), Y has a capital balance of $21,000 and Z has a capital balance of $15,000 Cash balance is $27,000 Partner A paid the amount he owes the partnership in cash. Required: Prepare journal entries to record the above liquidation process YOUR ANSWER SHOULD BE IN THE FOLLOWING FORM, DO NOT USE","BETWEEN NUMBERS Dr. Cash 100000 Cr Land 100000 For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac) BIUS Paragraph Arial v 10pt
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