Gilligan,Skipper,and Professor are partners with a profit and loss ratio of 4:3:3.The partnership was liquidated and,prior to the liquidation process,the partnership balance sheet was as follows: After the partnership was liquidated and the cash was distributed,Skipper received $96,000 in cash in full settlement of his interest.
The liquidation loss must have been:

Question

Gilligan,Skipper,and Professor are partners with a profit and loss ratio of 4:3:3.The partnership was liquidated and,prior to the liquidation process,the partnership balance sheet was as follows:  After the partnership was liquidated and the cash was distributed,Skipper received $96,000 in cash in full settlement of his interest.
The liquidation loss must have been:

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The Answer of Gilligan,Skipper,and Professor are partners with a profit and loss ratio of 4:3:3.The partnership was liquidated and,prior to the liquidation process,the partnership balance sheet was as follows:  After the partnership was liquidated and the cash was distributed,Skipper received $96,000 in cash in full settlement of his interest.
The liquidation loss must have been:

Gilligan,Skipper,and Professor Are Partners with a Profit and Loss Ratio