Use the following account balance information for Granobin Partnership with income ratio of 2.4.4 for Granger, Noble, and Finn, respectively

Assume that as part of liquidation proceedings, Granobtin sells its noncassets for $360,000 As a result, one of the partner has a capital deficiency which that parts decides not to repay. The amount of cash that would ultimately be distributed to Finn would be 

Seleccione una: 

a. $144,000 

b. $228,000 

c: $204,000 

d. $312,000

Transcribed Image Text:

AStA Kabities nd.OwnersEauity Cash $ 54,000 Accounts payable $ 126,000 Accounts Granger, Capital 138,000 receivable 132,000 Noble, Capital 48,000 Inventory Finn, Capital 312.000 1624.000 AStA Kabities nd.OwnersEauity Cash $ 54,000 Accounts payable $ 126,000 Accounts Granger, Capital 138,000 receivable 132,000 Noble, Capital 48,000 Inventory Finn, Capital 312.000 1624.000

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