March, April, and May have been in partnership for a number of years. The partners allocate all profits and losses on a 4:3:1 basis, respectively. Recently, each partner has become personally insolvent and, thus, the partners have decided to liquidate the business in hopes of remedying their personal financial problems. As of September 1, the partnership’s balance sheet is as follows: Cash $ 34,000 Liabilities $ 117,000 Accounts receivable 130,000 March, capital 59,000 Inventory 112,000 April, capital 98,000 Land, building, and equipment (net) 67,000 May, capital 69,000 Total assets $ 343,000 Total liabilities and capital $ 343,000 Prepare journal entries for the following transactions: (Do not round intermediate calculations. If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

a. Sold all inventory for $79,000 cash.

b. Paid $14,400 in liquidation expenses.

c. Paid $63,000 of the partnership’s liabilities.

d. Collected $82,000 of the accounts receivable.

e. Distributed safe cash balances; the partners anticipate no further liquidation expenses.

f. Sold remaining accounts receivable for 30 percent of face value.

g. Sold land, building, and equipment for $40,000.

h. Paid all remaining liabilities of the partnership.

i. Distributed cash held by the business to the partners.