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Marked out of 1.00 P Flag question Time left 0:55:58 Alex, Bob, and Ciara are partners, sharing income 2:1:2 respectively. After selling all of the

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Marked out of 1.00 P Flag question Time left 0:55:58 Alex, Bob, and Ciara are partners, sharing income 2:1:2 respectively. After selling all of the assets for cash, dividing gains and losses on realization, and paying liabilities, the balances in the capital accounts are as follows: Alex, $10,000 Cr; Bob, $10,000 Cr; and Ciara, $30,000 Cr. How much cash should be distributed to Alex? a. $10,000 O b. $6,000 O c. $20,000 O d. $16,667 Previous page Next page

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