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How would be for the cash priority program

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Partners A, B, C and D share profits in the ratio of 3:3:1:1, respectively. The following balances are obtained just before partnership liquidation:

                                            A                  B                    C                       D

Capital balances                     70,000      70,000          30,000           20,000

Loan balances                       20,000          5,000           25,000            15,000

Proceeds from the sale of partnership assets during March and April by the one in charge of liquidation and distribution of cash to partners at the end of each month are as follows:

               Cash Realized           Cash Distributed         Cash Withheld

March        40,000                     25,000                          15,000

April           35,000                    40,000                           10,000

Question 1: How would be for the cash priority program?

Reference no: EM132574673

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