The trial balance for the ABC Partnership is as follows just before liquidation:
Partners share profits a 50:30:20 ratio.
Required:
Prepare an advance cash distribution plan showing how available cash would be distributed.

Question

The trial balance for the ABC Partnership is as follows just before liquidation:
  Partners share profits a 50:30:20 ratio.
Required:
Prepare an advance cash distribution plan showing how available cash would be distributed.

Quizplus · Accepted Answer

The Answer of The trial balance for the ABC Partnership is as follows just before liquidation:
  Partners share profits a 50:30:20 ratio.
Required:
Prepare an advance cash distribution plan showing how available cash would be distributed.

The Trial Balance for the ABC Partnership Is as Follows