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on 15 et ered On November 30, capital balances are Forsyth $720,000, Lagasse $600,000 and Kelly $600,000. The income ratios are 20%, 20% and 60%
on 15 et ered On November 30, capital balances are Forsyth $720,000, Lagasse $600,000 and Kelly $600,000. The income ratios are 20%, 20% and 60% respectively. Forsythia decides to retire from the partnership. The partnership pays Forsyth $600,000 cash for her partnership interest. After Forsyth's retirement, what is the balance of Kelly's capital account? ed out of Hag question a $600,000 b. $672,000 OG $690,000 d. $528,000 Previous page Next page 2:28
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