A local dental partnership has been liquidated and the final capital balances are Atkinson, capital (40% of all profits and losses) $ 65,000 Kaporale, capital (30%) 25,000 Dennsmore, capital (20%) (41,000 ) Rasputin, capital (10%) (49,000 ) If Rasputin contributes cash of $27,000 to the partnership, how would this amount be distributed to the other partners? (Round your intermediate calculations to the nearest whole dollar.)
A local dental partnership has been liquidated and the final capital balances are Atkinson, capital (40% of all profits and losses) $ 65,000 Kaporale, capital (30%) 25,000 Dennsmore, capital (20%) (41,000 ) Rasputin, capital (10%) (49,000 ) If Rasputin contributes cash of $27,000 to the partnership, how would this amount be distributed to the other partners? (Round your intermediate calculations to the nearest whole dollar.)
Chapter11: Partnerships: Distributions, Transfer Of Interests, And Terminations
Section: Chapter Questions
Problem 24CE
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A local dental partnership has been liquidated and the final capital balances are
| Atkinson, capital (40% of all |
$ | 65,000 | |
| Kaporale, capital (30%) | 25,000 | ||
| Dennsmore, capital (20%) | (41,000 | ) | |
| Rasputin, capital (10%) | (49,000 | ) | |
If Rasputin contributes cash of $27,000 to the partnership, how would this amount be distributed to the other partners? (Round your intermediate calculations to the nearest whole dollar.)
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