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Labels and Income Statement and Allocation to Partners Instructions The ledger of Camila Ramirez and Ping Xue, attorneys-at-law, contains the following accounts and balances after

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Labels and Income Statement and Allocation to Partners Instructions The ledger of Camila Ramirez and Ping Xue, attorneys-at-law, contains the following accounts and balances after adjustments have beer recorded on December 31, 2016: Ramirez and Xue ADJUSTED TRIAL BALANCE December 31, 2016 ACCOUNT TITLE DEBIT 70,300.00 3,600.00 ,800.00 CREDIT 1Cash 2Accounts Receivable s Supplies Land 128,000.00 s Building I, 17500000 80,000.00 7Office Equipment 42,000.00

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