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The Drysdale, Koufax, and Marichal partnership has the following balance sheet immediately prior to liquidation: $50,000 10,000 70,000 60,000 50,000 Cash $ 36,000 Liabilities 204,000Drysdale,

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The Drysdale, Koufax, and Marichal partnership has the following balance sheet immediately prior to liquidation: $50,000 10,000 70,000 60,000 50,000 Cash $ 36,000 Liabilities 204,000Drysdale, loan Drysdale, capital (500 Marichal, capital (20%) a. Liquidation expenses are estimated to be $15,000. Prepare b. Assume that assets costing $74000 are sold for $60000. How ls the available cash to be divided? Complete this question by entering your answers in the tabs below. Req A1 Req A2 Req B Assume that assets costing $74,000 are sold for $60,000. Prepare loss allocation table Maximum Loss That Can Be Loss Partner Capital Balance Allocation sorbed Schedule 1 Drysdale Koufax Marichal Schedule 2 The Drysdale, Koufax, and Marichal partnership has the following balance sheet immediately prior to liquidation: $36,000 Liabilities Cash Noncash assets 204,000 Drysdale, loan $50,000 10,000 70,000 60,000 50,000 Drysdale, capital (508) Marichal, capital (20%) a. Liquidation expenses are estimated to be $15,000. Prepare a predistribution schedule to guide the distribution of cash b. Assume that assets costing $74,000 are sold for $60,000. How is the available cash to be divided? Complete this question by entering your answers in the tabs below. Req A1 Req A2 Req B Liquidation expenses are estimated to be $15,000. Prepare a predistribution schedule to guide the distribution of cash DRYSLADE, KOUFAX, AND MARICHAL Distribution of Available Cash Liabilities Next The Drysdale, Koufax, and Marichal partnership has the following balance sheet immediately prior to liquidation: 36,000 Liabilities Cash Noncash assets204,000 Drysdale, loan Drysdale, capital (50) Koufax, capital (308) Marichal, capital (208) $50,000 10,000 70,000 60,000 50,000 a. Liquidation expenses are estimated to be $15,000. Prepare a predistribution schedule to guide the d b. Assume that assets costing $74,000 are sold for $60,000. How is the available cash to be divided? Complete this question by entering your answers in the tabs below. Req A1Req A2 Rea a Assume that assets costing $74,000 are sold for $60,000. How is the available cash to be divided Drysdale Koufax Marichal Schedule 1 Assumed loss

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