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A local dental partnership has been liquidated and the final capital balance Atkinson, capital (40 % of all profits and losses) Kaporale, capital (30 %) Dennsmore, capital (20%) Rasputin. capital (18%) $ 61,000 21,000 (36,000) (46.000)

A local dental partnership has been liquidated and the final capital balance Atkinson, capital (40 % of all profits and losses) Kaporale, capital (30 %) Dennsmore, capital (20%) Rasputin. capital (18%) $ 61,000 21,000 (36,000) (46.000)

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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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 %) If Rasputin contributes cash of $26,000 to the partnership, how would this amount be distributed to the other partners? (Round your intermediate calculations to the nearest whole dollar.) Cash distribution Atkinson Kaporale Dennsmore $ 0 $ $ 61,000 21,000 (36,000) (46,000) Rasputin 0 $ 이
Transcribed Image Text: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 %) If Rasputin contributes cash of $26,000 to the partnership, how would this amount be distributed to the other partners? (Round your intermediate calculations to the nearest whole dollar.) Cash distribution Atkinson Kaporale Dennsmore $ 0 $ $ 61,000 21,000 (36,000) (46,000) Rasputin 0 $ 이
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