Mathematics, 28.01.2020 19:51, TayTae2237

Charles, carissa, and clay are partners, sharing income 1: 2: 3. after selling all of the assets for cash, dividing losses on realization, and paying liabilities, the balances in the capital accounts are as follows: charles, $50,000 cr.; carissa, $40,000 dr.; and clay, $20,000 cr. how much cash is available for distribution to the partners? a.$30,000 b.$40,000 c.$110,000 d.$20,000

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Charles, carissa, and clay are partners, sharing income 1: 2: 3. after selling all of the assets for...