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Exercises 1416, pp. 138-139 Balances before Liquidation Sales of Other Assets -June Balances Payment of Liabilities Balances Payment to Partners - June Balances Sales of

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Exercises 1416, pp. 138-139 Balances before Liquidation Sales of Other Assets -June Balances Payment of Liabilities Balances Payment to Partners - June Balances Sales of Other Assets - July Balance Payment of Liabilities Balances Payment to Partners - July Balances Sales of Other Assets - August Balances Payment to Partners The Leisure Resort Statement of Partnership Liquidation June 1-August 31, 2019 Cash Other Assets Accounts Payable Kuok Tong 40000 2 10000 60000 48000 72000 88000 - 120000 - 16000 -9600 128000 90000 60000 32000 62400 -30000 -30000 98000 90000 30000 32000 62400 -65000 -25800 33000 90000 30000 32000 36600 35000 -45000 -5000 -3000 68000 45000 30000 27000 33600 -30000 -30000 38000 45000 27000 33600 -36000 -3500 -19500 2000 45000 23500 14100 47000 -45000 1000 600 49 000 24500 14700 -49 000 -24500 - 14700

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