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on november 1 , 2 0 2 3 , Daphne, travis and emmet dissloved their partnership. their partnership agreement allocates income and losses equally among

on november 1,2023, Daphne, travis and emmet dissloved their partnership. their partnership agreement allocates income and losses equally among the partners. after all the non- cash assets are sold and liabilities paid, bur brfore any contributions to cover any deficiencies , there is 35000 in cash to be distributef. the current periods ending capital balanced are daphne.21000, travis.18000, emmet. 4000. a) emmet pays the 4000 to cover the deficiency in his account and the remaining partners are paid.

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