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4 Yapper, Dapper and Napper have a partnership with a balance sheet as follows Cash Accts Rec 440,000 Inventor Equipment 450,000 A/D Equipment (100,000 Total
4 Yapper, Dapper and Napper have a partnership with a balance sheet as follows Cash Accts Rec 440,000 Inventor Equipment 450,000 A/D Equipment (100,000 Total $110,000 Accts Pa $ 615,000 Cap Y Cap D $ 166,000 $165,000 $ 330,000 Cap N Total $284,000 $ 1,230,000 $ 1,230,000 $ 352,000.0 $ 231,000.0 $ 540,000.0 Accts Receivable were liquidated for inventory was sold for and equipment was sold for Gains and losses are shared in a 1:2:3 - Y, D and N respectively. Prepare a statement of partnershi liquidation
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