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14. The accounts of AB Partnership after its noncash assets were realized are as follows: Doble Credit Cash 34,000 Accounts payable 25,000 Loan payable to
14. The accounts of AB Partnership after its noncash assets were realized are as follows: Doble Credit Cash 34,000 Accounts payable 25,000 Loan payable to A 9,000 A Capital 8,000 B. Capital 8,000 In the settlement of the partner interest in the partnership, how much total cash did the two partners receive? 0 b. 1,000 a 8.000 d. 9,000 15. A B and C are partners. Their respective personal assets personal liabilities and partnership capital balances are as follows: A B C Personal assets 90.000 240,000 180,000 Personal liabilities 75,000 150,000 216,000 Capital balances 160.000 (96,000) 210,000 Which of the partneris personally insolvent D. A b. B G C d. B&C
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