20:07 21 June Mon .%210 buei.Itslearning.com Question 8 The balance sheet of Ryan and Peter firm as on December 31, 2017, is given below. Assets Liabilities Cash $15,000 Accounts Payable $13,000 Accounts Receivable 12,000 Other liabilities 25,000 Furniture 25,000 Partner's Equity Equipment 40,000 Ryan, Capital 30,000 other assets 6,000 Peter, Capital 30,000 Total assets $98,000 Total liabilities and partner's equity 598.000 Ryan and Peter share profits in the ratio 3:2. They have decided to liquidate the partnership with immediate effect. The accounts payable were settled at $10,000 due to the poor financial condition of the partnership firm. As a result, Ryan's capital account will be credited by ____ Your answer: $6,000 O $9.000 $1,800 $3,000 0 Clear answer Back Next Pause test