Question: Question 22 of 22 < > Current Attempt in Progress On December 31, the capital balances and profit and loss ratios in the MRS









Question 22 of 22 < > Current Attempt in Progress On December 31, the capital balances and profit and loss ratios in the MRS Partnership are as follows Partner Capital Balance Profit and loss ratio B. McLaren $99,000 56% P. Ready 86,000 19% D. Symes 49.500 25% 14.55/17 I Assume Symes withdraws from the partnership on December 31 of the current year under each of the following independent conditions: Symes is paid $46,500 cash from partnership assets (a) (6) Symes is paid $55,500 cash from partnership assets McLaren and Ready agree to purchase Symes equity by paying $25.750 each from their personalassets Eachnurban
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