Reference no: EM132942731
Question - A local dental partnership has been liquidated and the final capital balances are Atkinso, capital 40% of all profits are losses => $85,000
Kaporale, capital 30% => 45,000
Dennsmore, capital 20% => (61,000)
Rasputin, capital 10% => ( 69000)
If Rasputin contributes cash of $21,500 to the partnership, how would this amount be distributed to the other partners?
1. Cash distribution for Atkinson?
2. Cash distribution for Kaporate?
3. Cash distribution Dennsmore?
4. Cash distribution for Rasputin?
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