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After liquidatingnoncash assets and paying creditors- account balances.pdf

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SebastianRzuHarrisw

After liquidatingnoncash assets and paying creditors, account balances in the Oriole Co. are Cash $17 , 800 ; A. Capital (Cr.) $7 , 600 ; B. Capital (Cr.) $6 , 600 ; and C , Capital ( Cr ) $3 , 600 . The partners share income equally. Journalize the final distribution of cash to the partners. (Credit account titles are automatically indented when amount is entered. Do not Indent monuolly..

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After liquidatingnoncash assets and paying creditors, account balances in the Oriole Co. are Cash $17 , 800 ; A. Capital (Cr.) $7 , 600 ; B. Capital (Cr.) $6 , 600 ; and C , Capital ( Cr ) $3 , 600 . The partners share income equally. Journalize the final distribution of cash to the partners. (Credit account titles are automatically indented when amount is entered. Do not Indent monuolly.

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