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The following information is available on TGR Enterprises, a partnership for the most recent fiscal year: 92 Total partnership capital at beginning of the year
The following information is available on TGR Enterprises, a partnership for the most recent fiscal year: 92 Total partnership capital at beginning of the year Partnership net income for the year Withdrawals by partners during the year Additional investments by partners during the year $150,000 $120,000 $ 60,000 $ 30,000 There are three partners in TGR Enterprises: Tracey. Gregory and Rodgers. At the end of the year, the partners' capital accounts were in the ratio of 2:1:2, respectively. Compute the ending capital balances of the three partners. Multiple Choice O Tracey = $62.000: Gregory = $72.000: Rodgers = $62000. O Tracey = $144,000; Gregory = $72.000: Rodgers = $144,000. Tracey = $96,000; Gregory = $48,000; Rodgers = $96,000. Tracey = $48.000; Gregory = $24.000; Rodgers = $48.000 O Tracey = $80,000; Gregory = $80,000; Rodgers = $80,000
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