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3:28M tatement of Partnership Lipustation After closing the accounts on Je 50 85% partnership, the capital account belances of Silver, Carlo, and Tingley are
3:28M tatement of Partnership Lipustation After closing the accounts on Je 50 85% partnership, the capital account belances of Silver, Carlo, and Tingley are $45,600 $64,500, and $28,000, respectively Cash noncash assets, and Sabilities total $74,400, $119,700, and $55,200, respectively. Between July 1 and July 29, the noncash assets are sold for $95,700, the liabilities are paid, and the remaining cash is distributed to the partners. The partners share net income and loss in the ratio of 3.2.1. Prepare a statement of partnership liquidation for the period July 1-29. Enter any subtractions (balance deficiencies, payments, cash distributions, divisions of loss, sale of assets) as negative numbers using a minus sign. If an amount is zero, enter in 0 0000000 00000
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