Question: FULL SCREEN PRINTER VERSION BACK NEXT Exercise 12-7 Ivanhoe Developments is a partnership owned by Alvaro Rodriguez and Elisabetta Cameron December 31, 2020, the partners'

FULL SCREEN PRINTER VERSION BACK NEXT Exercise 12-7 Ivanhoe Developments is a partnership owned by Alvaro Rodriguez and Elisabetta Cameron December 31, 2020, the partners' capital balances are Rodriguez $61,470 and Carrier $74,490. During 2021, Carrier Invested $3,620 cash into the partnership, drawings were $30,760 by Rodriguez and $51,250 by Carriers, and profit was $74,900. Rodriguez and Carrier share profit based on a 3:4 ratio. Prepare the statement of partners' equity for the year. (Round answers to decimal places, eg. 5,275. Listems that increase partner's equity first) IVANHOE DEVELOPMENTS Statement of Partners' Equity A. Rodriguez E. Carrieri Total Y4220 Prepare the partners' equity section of the balance sheet at year end. (Round answers to o decimal places, e.g. 5,2 IVANHOE DEVELOPMENTS Balance Sheet (partial) By coni
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