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Sandhill Developments is a partnership owned by Alvaro Rodriguez and Elisabetta Carrieri. On December 31, 2020, the partners' capital balances are Rodriguez 162,900 and Carrier
Sandhill Developments is a partnership owned by Alvaro Rodriguez and Elisabetta Carrieri. On December 31, 2020, the partners' capital balances are Rodriguez 162,900 and Carrier $82,610, During 2021, Carrier invested $3,230 cash into the partnership, drawings were $36,190 by Rodriguez and $56,990 by Carriers, and profit was $77,000, Rodriguez and Carrier share profit based on a 3:4 ratio Prepare the statement of partners' equity for the year. (Round answers to decimal places, e.g. 5,275. List items that increase partner's equity first.) SANDHILL DEVELOPMENTS Statement of Partners' Equity A. Rodrigues E. Carrieri Total
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