Beta Corporation wrote off $100,000 due from a specific client in March 2011. However, this client was able to make a Partial payment of $40,000 in June 2011. Recording this cash collection will involve all of the following accounts except:.
A. Bad Debt Expense
B. Accounts Receivable
C. Cash
D. Allowance for Uncollectible Accounts

The capital balances, prior to the liquidation of the benjamin, gaynor, megan partnership, were as follows: benjamin, capital $100,000gaynor, capital $120,000megan, capital $175,000benjamin, gaynor, and megan share profits and losses in the ratio of 25%, 40%, 35%. as a result of a loan, the partnership owes gaynor $80,000. using the information above, which partner has the highest loss absorption power (lap) prior to liquidation? a. gaynorb. meganc. benjamind. both gaynor and megan have the same lap