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After liquidating noncash assets and paying creditors, account balances in the Mann Co. are Cash $17,470, A Capital (Cr.) $8,420, B Capital (Cr.) $5,050, and

After liquidating noncash assets and paying creditors, account balances in the Mann Co. are Cash $17,470, A Capital (Cr.) $8,420, B Capital (Cr.) $5,050, and C Capital (Cr.) $4,000. The partners share income equally. Journalize the final distribution of cash to the partners. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Account Tiles and explanation

Debit Credit

______________ ________________ _______________

______________ ________________ _______________

______________ ________________ _______________

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