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9:52 PM a) A trial balance for the OSW partneip just prior to liquidation is given below: Debit Credit Cash $75,000 Non cash assets 750,000

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9:52 PM a) A trial balance for the OSW partneip just prior to liquidation is given below: Debit Credit Cash $75,000 Non cash assets 750,000 Liabilities $240,000 Olvin, Loan 75,000 Olvin, Capital 225,000 Steve, Capital 153,000 Wren, Capital 132,000 The partners share income and loss on the following basis Olvin 50% Steve 30% Wren 20% Required: Prepare an advance cash distribution plan for the partners. [13 marks]

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