The balance sheet of Ryan and Peter firm as on December 31, 2014, is given below. 
Ryan and Peter share profits in the ratio 3:2. They have decided to liquidate the partnership with immediate effect. The accounts payable were settled at $12,000 due to the poor financial condition of the partnership firm. As a result, Ryan's capital account will be credited by:
A) $7,200.
B) $9,000.
C) $1,800.
D) $3,000.
Correct Answer:
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