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Dino, Doods, and Dong have the following accounts and their normal balances on January 31, 2021, the date the partners agreed to liquidate their

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Dino, Doods, and Dong have the following accounts and their normal balances on January 31, 2021, the date the partners agreed to liquidate their 3D Partnership: Cash P20,000 Accounts Payable P10,000 Accounts Receivable 25,000 Notes Payable 27,000 Allowance for Bad Debts 5,000 Loan due to Dino 5,000 Merchandise Inventory 60,000 Loan due to Doods 7,000 Furniture & Equipment 50,000 Dino, Capital 20,000 Accumulated Depreciation 5,000 Doods, Capital 40,000 Dong, capital 36,000 The partners divide profits and losses 4:1-5, respectively Sales proceeds follow Accounts Receivable P10,000 Merchandise Inventory 30,000 Furniture & Equipment 20,000 How much is the cash available for distribution to the partners? Question 1: How much is the cash available for distribution to the partners? Question 2: Assuming that Dino is a limited partner, the cash paid to Dong is? Question 3: The sale resulted in a capital deficiency for? Question 4: How much is the non-cash assets? Question 5: Assuming that Dino is a limited partner, how much additional investment should Dong give?

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