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Distribution of cash to partners
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 |
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