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Question 22 of 22 < > Current Attempt in Progress On December 31, the capital balances and profit and loss ratios in the MRS Partnership are as follows Capital Profit and Partner Balance loss ratio B. McLaren $99,000 56% P. Ready 86,000 19% D. Symes 49.500 25% Assume Symes withdraws from the partnership on December 31 of the current year under each of the following independent conditions: (a) Symes is paid $46.500 cash from partnership assets. (6) Symes is paid $55,500 cash from partnership assets. McLaren and Ready agree to purchase Symes equity by paying $25.750 each from their personal 14.55/17
App M Gmal R$ Rozana Spokesman. YouTube Maps ONEKPU Dashboard Mail-Pratham Par Payroll Employee PKPU Courses WileyPLUS-Wie ←CH 12-Partnerships Question 22 of 22 < > 14.55/17 E i D. Symes 49,500 25% Assume Symes withdraws from the partnership on December 31 of the current year under each of the following independent conditions: (a) Symes is paid $46,500 cash from partnership assets. (b) Symes is paid $55,500 cash from partnership assets. (c) McLaren and Ready agree to purchase Symes' equity by paying $25,750 each from their personal assets. Each purchaser receives 50% of Symes equity. (d) Ready agrees to purchase all of Symes' equity by paying $51,500 cash from his personal assets. (e) McLaren agrees to purchase all of Symes equity by paying $41,500 cash from his personal assets Symes withdraws $49.500 cash from the partnership. D (F)
/question/ict YouTube ONEKPU Dashboard Mal-Pratham Par 940 Wi-Wy Payroll Employee P Question 22 of 22 < 14.55/17 E Journalize the withdrawal of Symes under each of the above assumptions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually) No. Account Titles and Explanation Debit Credit (a) D.Symes, Capital 49500 Cash BMcLaren, Capital R Ready Capital D.Symes, Capital 49506 4480 B.McLaren, Capital App M Gmal RS Rouana Spokesman CH 12-Partnerships (b) Maps 46500 2240 760 O
App Mma RS Rozana Spokesman. YouTube Ma ←CH 12-Partnerships Question 22 of 22 < P.Ready, Capital Cash D Symes, Capital B. McLaren, Capital P Ready, Capital DSymes Capital P.Ready Capital D.Symes Capital (d men-player/indexhtml?aunchid-ccda23 ONEXPU Dehboard (d) (e) McLaren Capital otce 42a ba05-7628562621a/question/21 Mal- Pratham Pa 1520 49500 49500 49500 Peyroll Employee Couns WinPLUS-Wiley 14.55/17 E 1 55500 24750 24750 49500 49500 100
←CH 12-Partnerships Question 22 of 22 < D. Symes, Capital Cash eTextbook and Media 14.55/17 E I 49500 49500 Your answer is partially correct Determine the balances in the partners' capital accounts and in total partners' equity after Symes has withdrawn, for conditions (a) and (b) above. Part (a) D. Symes, Capital 15PM
←CH 12-Partnerships 11°C Question 22 of 22 < > 14.55/17 E 1 Your answer is partially correct. Determine the balances in the partners' capital accounts and in total partners' equity after Symes has withdrawn, for conditions (a) and (b) above. Part (a) D. Symes, Capital 50 49500 Bat 49500 Bal D Hal B. McLaren, Capital Bal 99000 M ENG 11251
←CH 12-Partnerships Question 22 of 22 < B. McLaren, Capital Bal Bal P. Ready, Capital Bal 3 O 99000 101240 $4000 760 86760 14.55/17 # ZZP
my suimir Korana Spokemin sa Youtube CH 12-Partnerships Question 22 of 22 Total equity $ Part (b) (b Bal Maps < Dashboard ONEXPU 168000 D. Symes, Capital 49500 Bal Bat B. McLaren, Capital Bal 44801 Bal Mal-Fratham Part Payploy Pow 14.55/17 1 49500 0 99000 ENG 11:27 PM
Jment player/index.htaunchid cfa23-ice-4a2a-bab-2ab21/21 Apps Mma RS Rotana Spokesman YouTube Maps ONER Dashboard Mail-Patha Payroll Emp ←CH 12-Partnerships Question 22 of 22 < > B. McLaren, Capital Bal 99000 Bal 4480 Bal Bal P. Ready, Capital Bal 86000 Bal 14.55/17 Winy Win E I
Question 22 of 22 Total equity $ eTextbook and Media Save for Later < > P. Ready, Capital 0 Bal 84000 14.55/17 E 1 Attempts: 3 of 5 used Suit Amer