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View Full Version : Distribution of cash to partners


jeffrey10
Jan 6, 2011, 06:21 PM
Esguerra, esteban, estrada and eugenio are partners with capitals of 11,000, 10,300, 13,700 and 9000. Esquerra has loan balance of 2000. Profits are shared in the ratio of 4:3:2:1 by esguerra, esteban, estrada anf eugenio respectively. Asswts are solf, liabilities are paid and cash of 12,000 remains.

_show how the cash of 12,000 be distributed