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Michelangelo. Raphael, Leonardo, and Donatello have decided to terminate their partnership. The partnership's balance sheet at the time they decide to wind up is as

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Michelangelo. Raphael, Leonardo, and Donatello have decided to terminate their partnership. The partnership's balance sheet at the time they decide to wind up is as follows Duning the winding up of the partnership, the other assets are sold for $160,000, and the accounts payable are paid. Michelangelo and Donatello Complete the Statement of Partnership Realization and Distribution on the following page Show calculations below

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