After Several Years of Operation, the Partnership of Raimondo, Rodriguez

After several years of operation, the partnership of Raimondo, Rodriguez, and Rosenfeld is being liquidated. After making closing entries on September 30, 20--, the following accounts remain open: $\begin{array}{lr}\text { Cash } & 18,000 \\\text { Merchandise inventory } & 73,000 \\\text { Other assets } & 157,000\\\text { Accounts payable } && 61,000 \\\text { M. A. Raimondo, capital } & &50,000 \\\text { M. E. Rodriguez, capital } & &50,000 \\\text { C. R. Rosenfeld, capital } && 87,000\end{array}$ The noncash assets are sold for $275,000. Profits and losses are shared equally.
Required:
Prepare journal entries for the following transactions:
a.
The sale of the noncash assets on October 1.
b.
Payment of the liabilities on October 15.
c.
Division of the remaining cash on October 20.