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Required information [ The following information applies to the questions displayed below. ] The Field, Brown & Snow are partners and share income and losses

Required information
[The following information applies to the questions displayed below.]
The Field, Brown & Snow are partners and share income and losses equality. The partner decide to liquidate the partnership when their capital balances are as follows: Field, $130,100; Brown, $166,300; and Snow, $154,500. On May 31, the liquidation resulted in a loss of $407,100.
Compute the capital account balance of each partner after the loss from liquidation is allocated.
Note: Losses and negative capital balances, if any, should be entered with a minus sign.
\table[[,Field,Brown,Snow,Total],[Initial investments,5,,,$,0],[Loss allocation,,,5,,0],[Capital balances,7,5,p,$,0]]
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