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b. Assume the same facts as in (a), excupl uiat tle the deficiency to the partnership. Prepare a statement of partnership liquidation. If an amount
b. Assume the same facts as in (a), excupl uiat tle the deficiency to the partnership. Prepare a statement of partnership liquidation. If an amount box does not require an entry, leave it blank or enter 'o Anna, Brian, and Cole Statement of Partnership Liquidation For Period May 7-30 Cash + Noncash Assets = Liabilities + Capital Anna (3/6) + Capital Brian (2/6) + Capital C (1/ Balances before realization [ Sale of assets and division of loss Balances after realization Payment of liabilities Balances after payment of liabilities Receipt of deficiency Balances Distribution of cash to partners Final balances Previous :32 PM d) 2/25/2013 ^ b. Assume the same facts as in (a), excupl uiat tle the deficiency to the partnership. Prepare a statement of partnership liquidation. If an amount box does not require an entry, leave it blank or enter 'o Anna, Brian, and Cole Statement of Partnership Liquidation For Period May 7-30 Cash + Noncash Assets = Liabilities + Capital Anna (3/6) + Capital Brian (2/6) + Capital C (1/ Balances before realization [ Sale of assets and division of loss Balances after realization Payment of liabilities Balances after payment of liabilities Receipt of deficiency Balances Distribution of cash to partners Final balances Previous :32 PM d) 2/25/2013 ^
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