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please answer asap. thank you The partnership of Aldrin Allen and Althea decided to liquidate on December 31, 2022. Their statement of financial position as
please answer asap. thank you
The partnership of Aldrin Allen and Althea decided to liquidate on December 31, 2022. Their statement of financial position as of December 31, 2022 shows the following information All non-cash assets are sold for P3,000,000. The partners share profit and loss on the ratio 4:24. No labels or peso signs needed in your answers. Attach photos of your solutions * How much is the loss on realization of non-cash assets? " sponnt How much is the cash distribution to Allen relating to his capital s paina: contribution? How much is the cash distribution to Althea relating to his capital 3 ponis contribution? How much is the cash distribution to Aldrin relating to his capital * spown: contribution Step by Step Solution
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