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How much cash should be paid to l mitchell

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Before the final distribution of cash, account balances are: Cash $25,000; B. Robertson, Capital $19,000 (Cr.); L. Mitchell, Capital $12,000 (Cr.); and T. Wynne, Capital $6,000 (Dr.). Wynne is unable to pay any of the capital deficiency. If the income sharing ratios are 5 : 3 : 2, respectively, how much cash should be paid to L. Mitchell?

Reference no: EM13512512

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