Question
A local dental partnership has been liquidated and the final capital balances are Atkinson, capital (40% of all profits and losses) $ 63,000 Kaporale, capital
A local dental partnership has been liquidated and the final capital balances are
| Atkinson, capital (40% of all profits and losses) | $ | 63,000 | |
| Kaporale, capital (30%) | 23,000 | ||
| Dennsmore, capital (20%) | (42,000 | ) | |
| Rasputin, capital (10%) | (44,000 | ) | |
If Rasputin contributes cash of $23,000 to the partnership, how would this amount be distributed to the other partners? (Round your intermediate calculations to the nearest whole dollar.)
A local dental partnership has been liquidated and the final capital balances are
| Atkinson, capital (40% of all profits and losses) | $ | 63,000 | |
| Kaporale, capital (30%) | 23,000 | ||
| Dennsmore, capital (20%) | (42,000 | ) | |
| Rasputin, capital (10%) | (44,000 | ) | |
If Rasputin contributes cash of $23,000 to the partnership, how would this amount be distributed to the other partners? (Round your intermediate calculations to the nearest whole dollar.)
Cash Distribution: Atkinson, Kaporale, Dennsmore, Rasputin
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