Ezra and Marie’s
Ezra and Marie’s
a- Ezra’s capital account should be reduced by $6,300, and Marie’s capital account should be reduced by $4,200.
b- $0 to both Ezra and Marie since there was no net income for the year.
c- Ezra’s capital account should be reduced by $123,060, and Marie’s capital account should be reduced by $82,040.
e- Ezra’s capital account should be reduced by $46,560, and Marie’s capital account should be increased by $25,560.
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