QUESTION 2 [25 Marks] G, H and A are partners trading as the entity GHA Traders. G, H and A share profits and losses in the ration 2:3:4. On 30 September 2018 the partners decided to dissolve the partnership. The Statement of Financial Position as at 30 September 2018 is presented below. ASSETS Non-current assets $ 80,500 Land and Buildings $ 40,000 Furniture 16,000 Vehicles 20,000 Goodwill $ 4,500 Current assets $ 22,300 Inventories $ 4,000 Trade and other receivables $ 10,000 Cash and cash equivalents $ 8,300 Total assets $ 102,800 EQUITY AND LIABILITIES Equity $ 86,800 Capital GHA $ 34,400 $ 26,600 48,800 Current accounts G 10,000 H 45,000) A $ 12,000 Current liabilities Trade and other payables $ 16,000 Total equity and liabilities $ 102,800