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Statement of Partnership con After doing the accounts on 1. prior to ligadating the partnership, the capital account balances of Gold, Poster, and Sams are

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Statement of Partnership con After doing the accounts on 1. prior to ligadating the partnership, the capital account balances of Gold, Poster, and Sams are $25,800, 336,600, and $16,200, respectively. Cash, nonches, and its total $39.600 $67,800, and 28.00, respectively. Between July 1 and 29, the noncash assets are sold for $54,000, the babies are pard, and the remaining cash is distributed to the partners. The partners Share net income and loss in the rate of 3:2:1 Prepare a statement of partnership liquidation for the period July 1-29. Enter any subtractions (balance deficiencies, payments, cash dributions, divisions of loss, sale of assets) as negative numbers using a minus sign. If an amount is zero, enter in "o". Gold, Porter, and Sims Statement of Partnership Liquidation For the Period Ending July 1-29 Cash Noncash Assets Liabilities Capital Gold (3/6). Capital Porter (7/6) + Capital Sims (1/6) Balances before realization Sale of assets and division of loss Balances after realization Payment of abilities Balances after payment of liabilities Cash distributed to partners Final balances

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