"masters, hardy, and rowen are dissolving their partnership. their partnership agreement allocates income and losses equally among the partners. the current period's ending capital account balances are masters, $15,000; hardy, $15,000; rowen, $30,000. after all the assets are sold and liabilities are paid, but before any contributions to cover any deficiencies, there is $54,000 in cash to be distributed. the general journal entry to record the final distribution would be" Get the answer
Category: mechanicalengineering | Author: Giiwedin Frigyes