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Ter, Doug, and Brian are partners with capital balances of $34,300, $23,800, and $56,200, respectively. They share income and losses in the ratio of
Ter, Doug, and Brian are partners with capital balances of $34,300, $23,800, and $56,200, respectively. They share income and losses in the ratio of 3:2:1. Revenue accounts for the period total $280,200. Expense accounts for the period total $315,000. The revenue and expense accounts are closed to the capital accounts. Doug withdraws from the partnership. How much cash does he receive upon withdrawal Os. $12.200 Ob. $23.800 Oc. $34,800 Od. 145,700
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