The Field, Brown & Snow are partners and share income and losses equality. The partner decide to liquidate the partnership when their capital balances are as follows: Field, $$130,800$; Brown, $$165,300$; and Snow, $$154,800.$ On May $31,$ the liquidation resulted in a loss of $$405,600.$

QS $12-13($Algo$)$ Part $1$

Compute the capital account balance of each partner after the loss from liquidation is allocated.

Note: Losses and negative capital balances, if any, should be entered with a minus sign.

$\backslash$table$[[,$Field,Brown,Snow,Total$],[$Initial investments,Z$,,,],[$Loss allocation,$7,,,],[$Capital balances,,,,$]]$