Question: 4 Yapper, Dapper and Napper have a partnership with a balance sheet as follows $ 110,000 Accts Pa $615,000 Cash Accts Rec$ 440,000 Invento Equipment

4 Yapper, Dapper and Napper have a partnership with a balance sheet as follows $ 110,000 Accts Pa $615,000 Cash Accts Rec$ 440,000 Invento Equipment $450,000 A/D Equipment (100,000 Total $330,000 Cap Y Cap D $166,000 $165,000 284,000 $ 1,230,000 $ 1,230,000 Total $ 352,000.0 $ 231,000.0 540,000.0 Accts Receivable were liquidated for inventory was sold for and equipment was sold for Gains and losses are shared in a 1:2:3 - Y, D and N respectively. Prepare a statement of partnershi liquidation
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