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Barney, Betty, and Rubble are partners in a business that is in the process of liquidation. On January 1 , 2 0 2 5 ,
Barney, Betty, and Rubble are partners in a business that is in the process of liquidation. On January the books show the balances indicated:
Assets
Equities
Cash
Barney Capital
Inventory
Betty Capital
Supplies
Rubble Capital
The partners have equal shares in profits and losses.
The cash is distributed to partners on January
Inventory and supplies are sold for a lumpsum price of $ on February
Cash on hand is distributed to the partners in final liquidation of the business on February
Compute the amount of cash distributed to the partners on January
Compute the amount of cash distributed to the partners on February
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