Question
The partners' profit and loss sharing ratio is 2:3:5, respectively. Time left 2:42:39 D, E, AND F PARTNERSHIP Balance Sheet December 31, 2021 Assets Cash
The partners' profit and loss sharing ratio is 2:3:5, respectively.\ Time left 2:42:39\ D, E, AND F PARTNERSHIP\ Balance Sheet\ December 31, 2021\ Assets\ Cash\ Equipment\ Accum.dep.equipment\ Total\ Liabilities and Partners' Equity.\ Liabilities
$40,000
\ D,\ Capital\ 30,000\ E,\ Capital\ 25,000\ F, Capital\
15,000_()
\ Total\
$110,000_()
\ If the
D,E
, and
F
Partnership is liquidated by selling the equipment for
$125,000
, and creditors are paid in full, what is the total amount of cash that Partner D will receive in the distribution of cash to partners?\ Select one:\ A.
$25,000
\ B.
$39,000
\ C.
$10,000
\ D.
$40,000
The partners' profit and loss sharing ratio is 2:3:5, respectively. D, E, AND F PARTNERSHIP Balance Sheet December 31, 2021 If the D, E, and F Partnership is liquidated by selling the equipment for $125,000, and creditors are paid in full, what is the total amount of cash that Partner D will receive in the distribution of cash to partners? Select one: A. $25,000 B. $39,000 C. $10,000 D. $40,000
The partners' profit and loss sharing ratio is 2:3:5, respectively.\ Time left 2:42:39\ D, E, AND F PARTNERSHIP\ Balance Sheet\ December 31, 2021\ Assets\ Cash\ Equipment\ Accum.dep.equipment\ Total\ Liabilities and Partners' Equity.\ Liabilities
$40,000
\ D,\ Capital\ 30,000\ E,\ Capital\ 25,000\ F, Capital\
15,000_()
\ Total\
$110,000_()
\ If the
D,E
, and
F
Partnership is liquidated by selling the equipment for
$125,000
, and creditors are paid in full, what is the total amount of cash that Partner D will receive in the distribution of cash to partners?\ Select one:\ A.
$25,000
\ B.
$39,000
\ C.
$10,000
\ D.
$40,000
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