24/7 Homework Help

Essaynice Will Help You Write Your Essays and Term Papers

From initial topic to finished paper

Answered » You can buy a ready-made answer or pick a professional tutor to order an original one.

Assignment help 2057

by | Apr 10, 2023 | Posted Assignments

Please show BOTH sides of the balance sheet………….

A local partnership is liquidating and has only two assets (cash of $10,000 and land with a cost of $35,000). Allpartnership liabilities have been paid. All partners are personally insolvent. The partners have capital balances and shareprofits and losses as follows Brown, capital (40%) $25,000Fish, capital (30%) 15,000Stone, capital (30%) 5,000 a. lfthe land is sold for $25,000, how much cash does each partner receive in a final settlement?b. lfthe land is sold for $15,000, how much cash does each partner receive in a final settlement?c. lfthe land is sold for $5,000, how much cash does each partner receive in a final settlement?

HOME TO CERTIFIED WRITERS

Why Place An Order With Us?

  • Certified Editors
  • 24/7 Customer Support
  • Profesional Research
  • Easy to Use System Interface
  • Student Friendly Pricing

Have a similar question?

PLAGIRAISM FREE PAPERS

All papers we provide are well-researched, properly formatted and cited.

TOP QUALITY

All papers we provide are well-researched, properly formatted and cited.

HIGHLY SECURED

All papers we provide are well-researched, properly formatted and cited.

Order-Essaynice
Open chat
1
Powered by Essaynice
Hello! Welcome to to our WhatsApp support.
We offer READY solutions, HIGH QUALITY PLAGIARISM FREE essays and term-papers.

We are online and ready to help.