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12)A and are partners who share income in the ratio of 1:2 and have capital balances of $40,000 and $70,000 at the time they decide

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12)A and are partners who share income in the ratio of 1:2 and have capital balances of $40,000 and $70,000 at the time they decide to termi assets are sold and all liabilities are paid, there is a cash balance of $80,000. What amount of loss on realization should be allocated to A? a) $10,00() b) $20,000 e) $30,000 d) $80,000 inate the partnership. After all noncash 13) F and G are partners who share income in the ratio of 3:2 and have capital balances of 536,000 and $54,000, respectively, at the time they decide to terminate the partnership. After all non-cas How much cash should be distributed to F? a) $36,000 b) $18,000 c) $24,000 d) $42,000 h assets are sold and all liabilities are paid, there is a cash balance of $60,000. 14) X, Y, and Z are partners, sharing income 1: 2: 3. After selling all of the assets for cash, dividing losses on realization, and paying liabilities, the balances in the capital accounts are as follows: X, $50,000 Credit; Y,$40,000 Debit; and Z, $30,000 Credit. How much cash is available for distribution to the partners? a) $30,000 b) $40,000 c) $90,000 d) $120,000

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