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Distribution of Cash Upon bon Hewitt and Patel are partners, sharing gains and losses equally. They decide tootmine their partnershi. Prior to the capitales 20.00

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Distribution of Cash Upon bon Hewitt and Patel are partners, sharing gains and losses equally. They decide tootmine their partnershi. Prior to the capitales 20.00 respectively. Alterat noncash assets are sold and all abilities are paid there is a sh balance of 535,000 2. What is the amount of a gain or loss on realization? b. How should the gain or loss be divided between Hewitt and Patet? Hewitt Patel c. How should the cash be divided between Hewitt and Patel? If an amount is zero, enter Patel Hewitt and Patel Distribution of Cash Hewitt Capital balances before realization Division of gain or loss on realization Balances Cash distributed to partners Final balances

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