Q9:

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part2:

Moving to another question will save this response Question of 1 Question 9 3 points 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 distribution of cash to the partners. All has a capital balance of $(10,000), Basel has a capital balance of $24,000, and Ziad has a capital balance of $36.000. Also, cash balance is $50.000. 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 6,000 Ziad Capital 4,000 All Capital 10,000 Basel capital 18,000 32,000 Ziad capital Cash 50,000 OB Basel Capital 4,000 6,000 Ziad Capital 10,000 Basel capital 18,000 Ziad capital 32,000 50,000 Cash 6,000 OC Basel Capital Find Conital 4,000 All Capital OA. Basel Capital Ziad Capital Ali Capital Basel capital Ziad capital Cash OB. Basel Capital Ziad Capital Ali Capital Basel capital Ziad capital Cash OC. Basel Capital Ziad Capital Basel capital Ziad capital Cash OD. Basel Capital Ziad Capital Ali Capital Basel capital Ziad capital Cash Ali Capital 6,000 4,000 18,000 32,000 4,000 6,000 18,000 32,000 6,000 4,000 32,000 18,000 5,000 5,000 19,000 31,000 10,000 50,000 10,000 50,000 10,000 50,000 10,000 50,000