Question: View Policies Current Attempt in Progress After liquidating noncash assets and paying creditors, account balances in the Oriole Co. are Cash $18,900: A. Capital (Cr.)



View Policies Current Attempt in Progress After liquidating noncash assets and paying creditors, account balances in the Oriole Co. are Cash $18,900: A. Capital (Cr.) $7 800. B. Capital (Cr.) $6,800; and C. Capital (Cr.) $4,300. The partners share income equally. Journalize the final distribution of cash to the partners. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Tities and Explanation Debit Credit iew Policies Current Attempt in Progress Sheridan Co. capital balances are: Barr $33,000, Croy $25,000, and Eubank $17,200. The partners share income equally. Tovar admitted to the firm by purchasing one-half of Eubank's interest for $12,000. Journalize the admission of Tovar to the partnership. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit e Textbook and Media Save for Later Attempts: unlimited Submit Ans Current Attempt in Progress In Cullumber Co., capital balances are Irey $39,200 and Pedigo $49,700. The partners share income equally. Vernon is admitted the firm with a 48% interest by an investment of cash of $48,500. Journalize the admission of Vernon (Credit account titles are automatically indented when amount is entered. Do not ind manually.) Account Titles and Explanation Debit Credit e Textbook and Media
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