Business, 20.07.2019 12:40 dayanara72
Nettles, king, and tanaka are partners sharing income 3: 2: 1. after the firm's loss from liquidation is distributed, the capital account balances were: nettles, $48,000 dr.; king, $178,000 cr.; and tanaka, $124,000 cr. if nettles is personally bankrupt and unable to pay any of the $48,000, what will be the amount of cash received by king and tanaka upon liquidation? if an amount is zero, enter in 0. use the minus sign to indicate any deficiencies.
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Nettles, king, and tanaka are partners sharing income 3: 2: 1. after the firm's loss from liquidatio...
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