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%) $ 62,000 22,000 (32,000) (52,000) If Rasputin contributes cash of $21,000 to the partnership, how would this amount be distributed to the other partners? (Round your intermediate calculations to the nearest whole dollar.)

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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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%)
Cash distribution
$ 62,000
If Rasputin contributes cash of $21,000 to the partnership, how would this amount be distributed to the other partners? (Round your
intermediate calculations to the nearest whole dollar.)
Atkinson Kaporale Dennsmore
22,000
(32,000)
(52,000)
Rasputin
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%) Cash distribution $ 62,000 If Rasputin contributes cash of $21,000 to the partnership, how would this amount be distributed to the other partners? (Round your intermediate calculations to the nearest whole dollar.) Atkinson Kaporale Dennsmore 22,000 (32,000) (52,000) Rasputin
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