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JUNGLE Subm Required information A local partnership was in the process of liquidating and reported the following Capital account balances: Justice, capital (408 share of
JUNGLE Subm Required information A local partnership was in the process of liquidating and reported the following Capital account balances: Justice, capital (408 share of all profits and losses) Zobart, capital (358) Douglass, capital (258) $ 23,000 22,000 (14,000) Douglass indicated that the $14,000 deficit would be covered by a forthcoming contribution. However, the two remaining partners asked to receive the $31,000 that was then in the cash account. How much of the $31,000 in the cash account should Justice receive? Multiple Choice $15,467 $15,533 A w 0 21 MacBook Pro Multiple Choice $15,467 $15,533 O $17,333 $16,533 $15,867
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