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The Abrams, Bartle, and Creighton partnership began the process of liquidation with the following balance sheet: Cash 16,000 Noncash asset 434,000 Total- 450,000 Liability-150000 Abrams-80,000

The Abrams, Bartle, and Creighton partnership began the process of liquidation with the following balance sheet:

Cash 16,000

Noncash asset 434,000

Total- 450,000

Liability-150000

Abrams-80,000

Bartle- 90,000

Creighton-130,000

total- 450,000 Abrams, Bartle, and Creighton share profits and losses in a ratio of 3:2:5. Liquidation expenses are expected to be $12,000. The noncash assets were sold for $134,000. Which partner(s) would have had to contribute assets to the partnership to cover a deficit in his or her capital account?

the answer should be: Abrams and Creighton

please explain ,,,,Thank you

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