Helfrey Marketing Services uses the listed accounts. 1. Prepare two T accounts for each transaction. On each T account, select the account title of one of the accounts affected by the transaction. 2. Enter the debit or credit amount in each T account to show the transaction's effect.

The capital balances, prior to the liquidation of the benjamin, gaynor, megan partnership, were as follows: benjamin, capital $100,000gaynor, capital $120,000megan, capital $175,000benjamin, gaynor, and megan share profits and losses in the ratio of 25%, 40%, 35%. as a result of a loan, the partnership owes gaynor $80,000. using the information above, which partner has the highest loss absorption power (lap) prior to liquidation? a. gaynorb. meganc. benjamind. both gaynor and megan have the same lap