Question: Practice Assignment Gradebek ORION Downloadable eTextbook signment ! Do It Review 12-3a The partners of UR Company have decided to liquidate their business. Noncash assets

 Practice Assignment Gradebek ORION Downloadable eTextbook signment ! Do It Review

Practice Assignment Gradebek ORION Downloadable eTextbook signment ! Do It Review 12-3a The partners of UR Company have decided to liquidate their business. Noncash assets were sold for $121,000. The income ratios of the partners Cisneros, Gunsman, and Forren are 2:3, respectively. Complete the following schedule of cash payments for LR Company. (If an amount reduces the account balance then enter with a negative in preceding the number - 15.000 or parenthes (15.000) Cash Liabilities Cisneros Capital Gunselman Capital Forren Capital Balance before liquidation $15,500 $96,500 $13,310 Sale of noncash assets and allocation of gain New balances Pay abilities New Balances Cash distribution to partners Final balances Click if you would like to show Work for this questioni Open So Work LINE TO TEXT of Question Attempts used SAVE FOR LAT SMIT ANESTER da23102 103 MacBook Air Practice Assignment Gradebek ORION Downloadable eTextbook signment ! Do It Review 12-3a The partners of UR Company have decided to liquidate their business. Noncash assets were sold for $121,000. The income ratios of the partners Cisneros, Gunsman, and Forren are 2:3, respectively. Complete the following schedule of cash payments for LR Company. (If an amount reduces the account balance then enter with a negative in preceding the number - 15.000 or parenthes (15.000) Cash Liabilities Cisneros Capital Gunselman Capital Forren Capital Balance before liquidation $15,500 $96,500 $13,310 Sale of noncash assets and allocation of gain New balances Pay abilities New Balances Cash distribution to partners Final balances Click if you would like to show Work for this questioni Open So Work LINE TO TEXT of Question Attempts used SAVE FOR LAT SMIT ANESTER da23102 103 MacBook Air

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