תהליך הפירוק

John and Sarah are equal partners in a general partnership with an opening capital of fifteen thousand dollars each. They have decided to liquidate their partnership. 
However, the business still owes twenty-four thousand dollars to creditors and six thousand dollars to Sarah for a loan she extended to the firm. 
To settle the business, they follow the liquidation process, which involves selling assets, paying debts in a specific order, and then dividing what remains. 
The business assets are recorded at sixty thousand dollars, but due to an urgent sale, they are sold for fifty-four thousand dollars, resulting in a loss of six thousand dollars. 
This loss is shared equally by John and Sarah. 
After the sale, the business now has fifty-four thousand dollars in cash. 
It first pays twenty-four thousand dollars to outside creditors and then repays Sarah’s loan of six thousand dollars, leaving twenty-four thousand dollars in cash. 
This remaining amount is distributed between John and Sarah based on their capital account balances. 
Overall, in liquidation, external debts are paid first, followed by partner loans, and then partners receive the remaining balance.