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E 17-9 Statement of partnership liquidiation-Partner insolvency case The partnership of Ace, Ben, OQ, and Don is dissolved on Jayary 5, 2011, and the accourt

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E 17-9 Statement of partnership liquidiation-Partner insolvency case The partnership of Ace, Ben, OQ, and Don is dissolved on Jayary 5, 2011, and the accourt balances at June 30, 2011, after all noncash assets are converted inte cash, are as folows: ADDITIONAL INFORMATION 1. The percentages indicated reperseet the mlevat poofit and hos sharing ratkit. 2. Personal asset and liaklities of the partien at Jase 30.2011, are a followes: from either Cld or Don are possible. 5. Losses from the hankreptey of Cid are divided ameng the solveet purners on July 15,2011. 6. Available canh is deatributed and the partnerthip books are chosed on July 31, 2011 REQUIRE D: Prepare a liquidatioe statemeat for the Ace, Ben, Cid, and Don partaerahip for the peried Juse 30. 2011, wo July 31. 2011. E 17-9 Statement of partnership liquidiation-Partner insolvency case The partnership of Ace, Ben, OQ, and Don is dissolved on Jayary 5, 2011, and the accourt balances at June 30, 2011, after all noncash assets are converted inte cash, are as folows: ADDITIONAL INFORMATION 1. The percentages indicated reperseet the mlevat poofit and hos sharing ratkit. 2. Personal asset and liaklities of the partien at Jase 30.2011, are a followes: from either Cld or Don are possible. 5. Losses from the hankreptey of Cid are divided ameng the solveet purners on July 15,2011. 6. Available canh is deatributed and the partnerthip books are chosed on July 31, 2011 REQUIRE D: Prepare a liquidatioe statemeat for the Ace, Ben, Cid, and Don partaerahip for the peried Juse 30. 2011, wo July 31. 2011

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