Business, 25.02.2020 01:54, vdavihbk

A partnership is liquidating their business. The partner's have shared any profits and losses equally. The partnership has the following Balance Sheet: Cash 5,000 Accounts Payable 8,000 Equipment 10,000 Grayson, Capital 3,000 Stella, Capital 4,000 Total 15,000 15,000 After selling the equipment for $14,000 cash, allocating all profits or losses, and paying the liabilities, how much cash would be given to Stella in the final distribution of cash?

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A partnership is liquidating their business. The partner's have shared any profits and losses equall...