Partners Brian,Josh,and Chad have capital balances of $8,000,$6,000,and $80,000,respectively.The losses for the year are $10,000.What will Josh's capital balance be if the three partners share profits and losses at a 2:2:6 ratio for Brian,Josh,and Chad,respectively?
A)$4,000 debit balance
B)$1,000 debit balance
C)$2,400 debit balance
D)$4,000 credit balance

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The Answer of Partners Brian,Josh,and Chad have capital balances of $8,000,$6,000,and $80,000,respectively.The losses for the year are $10,000.What will Josh's capital balance be if the three partners share profits and losses at a 2:2:6 ratio for Brian,Josh,and Chad,respectively?
A)$4,000 debit balance
B)$1,000 debit balance
C)$2,400 debit balance
D)$4,000 credit balance

Partners Brian,Josh,and Chad Have Capital Balances of $8,000,$6,000,and $80,000,respectively