Partners Ana Beth and Cathy have capital account balances of $90000 each. The income and loss ratio is 5:2:3 respectively. In the process of liquidating the partnership noncash assets with a book value of $75000 are sold for $30000. The balance of Beth's Capital account after the sale is

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The Answer of Partners Ana Beth and Cathy have capital account balances of $90000 each. The income and loss ratio is 5:2:3 respectively. In the process of liquidating the partnership noncash assets with a book value of $75000 are sold for $30000. The balance of Beth's Capital account after the sale is

Partners Ana Beth and Cathy Have Capital Account Balances of $90000