I need help with these problems please
The partnership of Wingler, Norris, Rodgers, and Guthrie was formed several years ago as a architectural firm. Several partners recently had personal financial problems and decided to terminate operations and liquidate the business. The following balance sheet summarizec its financial Information on Ranuary 5 at the beginning of this process $17,000 Liabilities Accounts Receivable 80,000 Rodgers Loan Inventory 100.000 -Wingler, Capital Land 57.000 Norris Capital Building and Equipment (net) 193.000 Rodgers Capital Total Assets 447,000 Guthrie, Capital Total liabilities and Capital The estimated liquidation expenses were 18.000 Profit and low allocation ratio according to the provisions of partnership agreement Wingler 40% Norris 20% Rodgers 10% Guthrie 30N $79,000 25,000 141,000 100,000 62,000 40.00 447,000 The following transactions occurred during the liquidation: Jan. 14 Colected 70% of the total accounts receivalbe with the rest judged to be uncollectible 70% Feb. 23 Sold the land, building and equipment for 180,000 Mar. 1 Made safe capital distributions Mar 29 learned that Guthrie became personally insolvent Apr. 3 Paid al liabilities Jun. 30 Sold all inventory for S5,000 AL 1 Made safe capital distributions again Sep. 26 Paid liquidation expenses 15,000 Nov. 4 Made final cash distrubtions to the partners based on the assumption that all partners except Guthrie are personally solvent On its schedule of liquidation, what is Guthrie's capital account balance on September 30? $7,500 $6,200 $5,900 $7,600 The partnership of Wingler, Norris, Rodgers, and Guthrie was formed several years ago as a architectural firm. Several partnersrecently had personal financial problems and decided to terminate operations and liquidate the business. The following balance sheet summarize its financial information on January 5 at the beginning of this process Cash Accounts Receivable Inventory Land Building and Equipment (net) Total Assets $17,000 80,000 100,000 57.000 190.000 447,000 Liabilities Rodgers Loan Winder, Capital -Norris Capital Rodgers Capital Guthrie, Capital Total Liabilities and Capital $79,000 25,000 141,000 100,000 62.000 40.000 447,000 18,000 The estimated liquidation expenses were Profit and loss allocation ratio according to the provisions of partnership agreement: Wingler 40% Norris 20% Rodgers 10% Guthrie 30N The following transactions occurred during the liquidation: Jan. 14 Collected 70% of the total accounts receivatbe with the rest judged to be uncollectible 20% Feb. 23 Sold the land, building and equipment for 180,000 Mar. 1 Made safe capital distributions Mar.29 Learned that Guthrie became personally insolvent Apr. 3 Paid all liabilities Jun 30 Sold all inventory for 55.000 AL 1 Made safe capital distributions again Sep. 26 Paid liquidation expenses 15,000 Nov. 4 Made final cash distrubtions to the partners based on the assumption that all partners except Guthrie are personally solvent On its schedule of liquidation, what is Wingler's capital account balance on June 3 ($42,686) ($39,558) ($45,560) ($44,600) The partnership of Wingler, Norris, Rodgers, and Guthrie was formed several years ago as a architectural firm. Several partners recently had personal financial problems and decided to terminate operations and liquidate the business. The following balance sheet summarizec its financial Information on Ranuary 5 at the beginning of this process $17,000 Liabilities Accounts Receivable 80,000 Rodgers Loan Inventory 100.000 -Wingler, Capital Land 57.000 Norris Capital Building and Equipment (net) 193.000 Rodgers Capital Total Assets 447,000 Guthrie, Capital Total liabilities and Capital The estimated liquidation expenses were 18.000 Profit and low allocation ratio according to the provisions of partnership agreement Wingler 40% Norris 20% Rodgers 10% Guthrie 30N $79,000 25,000 141,000 100,000 62,000 40.00 447,000 The following transactions occurred during the liquidation: Jan. 14 Colected 70% of the total accounts receivalbe with the rest judged to be uncollectible 70% Feb. 23 Sold the land, building and equipment for 180,000 Mar. 1 Made safe capital distributions Mar 29 learned that Guthrie became personally insolvent Apr. 3 Paid al liabilities Jun. 30 Sold all inventory for S5,000 AL 1 Made safe capital distributions again Sep. 26 Paid liquidation expenses 15,000 Nov. 4 Made final cash distrubtions to the partners based on the assumption that all partners except Guthrie are personally solvent On its schedule of liquidation, what is Guthrie's capital account balance on September 30? $7,500 $6,200 $5,900 $7,600 The partnership of Wingler, Norris, Rodgers, and Guthrie was formed several years ago as a architectural firm. Several partnersrecently had personal financial problems and decided to terminate operations and liquidate the business. The following balance sheet summarize its financial information on January 5 at the beginning of this process Cash Accounts Receivable Inventory Land Building and Equipment (net) Total Assets $17,000 80,000 100,000 57.000 190.000 447,000 Liabilities Rodgers Loan Winder, Capital -Norris Capital Rodgers Capital Guthrie, Capital Total Liabilities and Capital $79,000 25,000 141,000 100,000 62.000 40.000 447,000 18,000 The estimated liquidation expenses were Profit and loss allocation ratio according to the provisions of partnership agreement: Wingler 40% Norris 20% Rodgers 10% Guthrie 30N The following transactions occurred during the liquidation: Jan. 14 Collected 70% of the total accounts receivatbe with the rest judged to be uncollectible 20% Feb. 23 Sold the land, building and equipment for 180,000 Mar. 1 Made safe capital distributions Mar.29 Learned that Guthrie became personally insolvent Apr. 3 Paid all liabilities Jun 30 Sold all inventory for 55.000 AL 1 Made safe capital distributions again Sep. 26 Paid liquidation expenses 15,000 Nov. 4 Made final cash distrubtions to the partners based on the assumption that all partners except Guthrie are personally solvent On its schedule of liquidation, what is Wingler's capital account balance on June 3 ($42,686) ($39,558) ($45,560) ($44,600)
