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ES NEXT FULL SCREEN PRINTER VERSION BACK Exercise 12-7 Ivanhoe Developments is a partnership owned by Alvaro Rodriguez and Elisabetta Carrier On December 31, 2020,
ES NEXT FULL SCREEN PRINTER VERSION BACK Exercise 12-7 Ivanhoe Developments is a partnership owned by Alvaro Rodriguez and Elisabetta Carrier On December 31, 2020, the partners capital balances are Rodriguez 561,470 and Carrier $74,490. During 2021, Carrier invested $3,620 cash into the partnership, drawings were $30,760 by Rodriguez and $51.250 by Camer, and profit was 574,900. Rodrigues and Carrier share profit based on a 1:4 ratio. 3) Prepare the statement of partners' equity for the year. (Round answers to decimal places, ag. 5,27. list items that increase partner's equity ft.) => IVANHOE DEVELOPMENTS Statement of Partners' Equity December 31, 2021 A. Rodriguez E. Carrier Total Capital, January 1 61470 74490 135960 Add Capital, January 1 3620 3520 7240 Prepare the partners' equity section of the balance sheet at year end. (Round answers to o decimal places, e.g. 5,275.) IVANHOE DEVELOPMENTS Balance Sheet (partial) By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instruc
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