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Pls help me to solve this question asap its multiple choices thx a lot! The partners' income and loss sharing ratio is 23:5, respectively D.
Pls help me to solve this question asap
The partners' income and loss sharing ratio is 23:5, respectively D. E. AND F PARTNERSHIP Balance Sheet December 31, 2001 Assets Liabilities and Partners Equity Liabilities $ Cash 50.000 $ 15.000 Noncash assets 20,000 95,000 D. Capital E Capital 30.000 E Capital 10.000 Total 51210.000 $110.000 Total it the D, E, and F Partnership is liquidated by selling the noncash assets for $65.000 and creditors are paid in full, what is the amount of cash that can be safely distributed to each partner? a D. $12.000; E, 518,000. F.SO b. D. 594.000, E $21,000: F. 55.000 C. D. $11.500: E $18.500, F. 50. D. $11.000 E. 519.000 5.50. Question 24 (1 point) If the D, E, and F Partnership is liquidated by selling the noncash assets for $125,000, and creditors are paid in full, what is the total amount of cash that Partner will receive in the distribution of cash to partners? a $6,000 b. $39.000 c$26,000 d. 525.000 Question 25 (1 point If the D, E, and F Partnership is liquidated and the noncash assets are worthless, the creditors will look to what partner's personal assets for settlement of the creditors' claims? a. The personal assets of Partner E. The personal assets of Partners and The personal assets of Partners D, E. and F d. The personal assets of the partners are not available for partnership debts its multiple choices
thx a lot!
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