Question: please solve it 20 min left assessment. Question 16 ww Ali, Basel and Ziad are sharing income and loss in a 4:3.2 ratio respectively and
assessment. Question 16 ww 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 true debution of cash to the partners, Ali has a capital balance of $(30,000), Basel has a capital balance of $72.000, and Ziad has a capital balance of $108.000 A 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 Ziad Capital 12,000 30,000 Basel capital 96,000 54,000 Ziad capital Cash 150,000 B. Basel Capital 12,000 Ziad Capital 18,000 30,000 Ali Capital 54,000 Basel capital ASUS VivoBook All Capital Question 16 All, 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 debution 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, canh 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 Ziad Capital 12,000 All Capital 30,000 Basel capital Ziad capital Cash 150,000 B Basel Capital Ziad Capital 30,000 All Capital Basel capital Ziad capital 150,000 Cash Basel Capital WNLCamital 96,000 54,000 12,000 18,000 54,000 96,000 15,000 45.000 ASUS VivoBook
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