Question 17 of 29 > -/1 E View Policies Current Attempt in Progress The partners'...
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Question 17 of 29 > -/1 E View Policies Current Attempt in Progress The partners' profit and loss sharing ratio is 2:3:5. respectively. S, L, AND C PARTNERSHIP Balance Sheet December 31, 2021 Assets Liabilities and Partners' Equity Cash $36000 Liabilities $39200 Equipment 92700 S. Capital 31000 Accum.dep.--equipment (15100) L. Capital 24300 C. Capital 19100 Total $113600 Total $113600 If the S.L. and C Partnership is liquidated by selling the equipment for $45700 and creditors are paid in full, what is the amount of cash that can be safely distributed to each partner? O S. $9140; L. $13710; C. $22850 O S. $31000: L, $24300, C. $19100 O S, $7840; L. $11760; C. $19600 O S, $24620; L. $14730; C. $3150 Attamnts of 1 used SAS
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