Question: FULL BCREEN PRINTER VERSION BACK NEXT Multiple Choice Question 116 In liquidation, balances prior to the distribution of cash to the partners are: Cash $769000;
FULL BCREEN PRINTER VERSION BACK NEXT Multiple Choice Question 116 In liquidation, balances prior to the distribution of cash to the partners are: Cash $769000; Peterson, Capital $419000, Laney, Capital $396000, and Howell, Capital $46000 deficiency. The income ratio is 6:212, respectively. How much cash should be distributed to Laney if Howell does not pay his deficiency? $362250 O $396000 O $373000 O $384500 Click if you would like to Show Work for this question: Open Show Work
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