Question: Why is this wrong and how do I get the right answer? A local dental partnership has been liquidated and the final capital balances are
Why is this wrong and how do I get the right answer?
A local dental partnership has been liquidated and the final capital balances are Atkinson, capital (40% of all profits and losses) Kaporale, capital (30%) Dennsmore, capital (20%) Rasputin, capital (10%) $ 66,000 26,000 (37,000) (55,000) If Rasputin contributes cash of $22,000 to the partnership, how would this amount be distributed to the other partners? (Round your intermediate calculations to the nearest whole dollar.) Answer is not complete. Dennsmore Atkinson $ 15,783 Kaporale 6,217 X Rasputin $ 33,000 X Cash distribution
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