Question: Question 2012 Question 2 3 points Ameers, Batool and Zahra are sharing income and loss in a 4:3 2 ratio respectively and decided to liquidate
Question 2012 Question 2 3 points Ameers, Batool and Zahra are sharing income and loss in a 4:3 2 ratio respectively and decided to liquidate their parti. Prior to the final distribution of cash to the parties, Ama bus capital balance of $(20,000). Batool has a capital balance of $48,000, and Zahra has a capital balance of $22.000. Alvo, cash balance is $100,000. Ameten i NoTablete the most the martnership Required:Prepare journal entries to record the above liquidation process. YOUR ANSWER SHOULD BE IN THE FOLLOWING FORME, DO NOT USE BETWEEN NUMBERS Dr. Cash 100000 Ce Land 100000 For the toolbar.press ALT 10 PC) O ALTHNF10(Mac). Paragraph Arial 14px IEEA TXO Q v
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