- 21 If The Cash Balance After Realization Is 900 Of The Cash Balance Before Realization Of Non Cash Assets How Much Is 1 (316.92 KiB) Viewed 45 times
21 if the cash balance after realization is 900% of the cash balance before realization of non-cash assets, how much is the book value of the non-cash assets? (2 Points) D. On July 31,2019, DEF partnership shows that D, E and Fhave capital balances of 500,000, 300,000 and 200,000 with profit or loss ratio of 1:3:6. The total partnership capital after realization of non-cash assets increased by P 200,000. Before liquidation, the partnership has P 150,000 of total liabilities. From the total partnership Wabilities, it includes a payable to F of P 30,000. All partners are personally solvent. Enter your answer Andres, Tomas and Moises are partners of ATM partnership. They decided to liquidate on March 31 of the current year. On this date, they have non- cash assets of P530,000 and liabilities of P250.000, including loan payable to Moises of P50,000. Andres, Tomas and Moises have capital balances of P80,000 P130,000 and P90.000, respectively. Profits and loss are shared 3:3:4 for Andres, Tomas and Moises. All partners are solvent. Assuming the non-cash assets are solo 2596 less from its book value, how much did much Andres receive in the final distribution of cash? 0 12 Points) N Enter your answer