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King, Johnson, and Jone decided to liquidate their partnershipon October 1. After the noncash assets were sold and theliabilities paid, the capital account balances were
King, Johnson, and Jone decided to liquidate their partnershipon October 1. After the noncash assets were sold and theliabilities paid, the capital account balances were King, $91,500;Johnson, $36, Kine Johnon and Jone dechted to liquidate their partnership on Oetober 1. After the noncabh assets were sold and the liabilities pad, the copital account balances were King. 591,500 , johnsor. \( \$ 3 1 answer
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