Exercise 6 (LO 9) Amounts to be received by a partner during liquidation. A con- densed balance sheet for a partnership to be liquidated is as follows: Assets Liabilities and Capital Cash $ 20,000 Accounts payable. $ 92,000 Receivables (net) 88,000 Loan payable to Partner A. 70,000 Inventory 70,000 A, capital. 46,000 Equipment (net) 145,000 B, capital 90,000 Other assets. 55,000 C, capital. 80,000 Total assets $378,000 Total liabilities $378,000