Alpha Geek

(8)

$10/per page/Negotiable

About Alpha Geek

Levels Tought:
University

Expertise:
Accounting,Algebra See all
Accounting,Algebra,Architecture and Design,Art & Design,Biology,Business & Finance,Calculus,Chemistry,Communications,Computer Science,Environmental science,Essay writing,Programming,Social Science,Statistics Hide all
Teaching Since: Apr 2017
Last Sign in: 438 Weeks Ago, 3 Days Ago
Questions Answered: 9562
Tutorials Posted: 9559

Education

  • bachelor in business administration
    Polytechnic State University Sanluis
    Jan-2006 - Nov-2010

  • CPA
    Polytechnic State University
    Jan-2012 - Nov-2016

Experience

  • Professor
    Harvard Square Academy (HS2)
    Mar-2012 - Present

Category > Accounting Posted 29 May 2017 My Price 3.00

The balance sheet of Marilyn and Monroe was as follows immediately

The balance sheet of Marilyn and Monroe was as follows immediately prior to the partnership's being liquidated: cash, $23,367 other assets, $127,654 liabilities, $20,584 Marilyn capital, $60,878 Monroe capital, $69,559. The other assets were sold for $120,833. Marilyn and Monroe share profits and losses in a 2:1 ratio. Find the amount of cash that Marilyn should receive as a final cash distribution from the liquidation.

Select the correct answer.

  $23,367  
  $56,331  
  $15,578  
  $60,878  

Answers

Alpha Geek
(8)
Status NEW Posted 29 May 2017 09:05 AM My Price 3.00

-----------

Attachments

file 1496049912-Answer.docx preview (119 words )
T-----------he -----------bal-----------anc-----------e s-----------hee-----------t o-----------f M-----------ari-----------lyn----------- an-----------d M-----------onr-----------oe -----------was----------- as----------- fo-----------llo-----------ws -----------imm-----------edi-----------ate-----------ly -----------pri-----------or -----------to -----------the----------- pa-----------rtn-----------ers-----------hip-----------'s -----------bei-----------ng -----------liq-----------uid-----------ate-----------d: -----------cas-----------h, -----------$23-----------,36-----------7 o-----------the-----------r a-----------sse-----------ts,----------- $1-----------27,-----------654----------- li-----------abi-----------lit-----------ies-----------, $-----------20,-----------584----------- Ma-----------ril-----------yn -----------cap-----------ita-----------l, -----------$60-----------,87-----------8 M-----------onr-----------oe -----------cap-----------ita-----------l, -----------$69-----------,55-----------9. -----------The----------- ot-----------her----------- as-----------set-----------s w-----------ere----------- so-----------ld -----------for----------- $1-----------20,-----------833-----------. M-----------ari-----------lyn----------- an-----------d M-----------onr-----------oe -----------sha-----------re -----------pro-----------fit-----------s a-----------nd -----------los-----------ses----------- in----------- a -----------2:1----------- ra-----------tio-----------. F-----------ind----------- th-----------e a-----------mou-----------nt -----------of -----------cas-----------h t-----------hat----------- Ma-----------ril-----------yn -----------sho-----------uld----------- re-----------cei-----------ve -----------as -----------a f-----------ina-----------l c-----------ash----------- di-----------str-----------ibu-----------tio-----------n f-----------rom----------- th-----------e l-----------iqu-----------ida-----------tio-----------n. ----------- Se-----------lec-----------t
Not Rated(0)
Relevent Questions