KIM , ARJHAY, JAYSON

The following balance sheet summary, together with residual profit sharing ratios, was developed on April 1, 2021, when the Jayson, Kim, and Arjhay partnership began its liquidation: Cash 280,000 Liabilities 120,000 Accounts receivable 120,000 Loan from Kim 40,000 Inventories 170,000 Jayson, capital (20%) 150,000 Inventories 150,000 Plant assets net 170,000 Jayson, capital (20%) 400,000 Kim, capital (40%) 50,000 Arjhay, capital (40%) 400,000 Loan to Jayson 310,000 If available cash except for a P10,000 contingency fund is distributed immediately, Jayson, Kim, and Arjhay, respectively, should receive