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Business, 05.03.2020 22:56 krazyapril4601

Dawn, Garret and Josh have partnership capital account balances of $225100, $450900 and $104300, respectively. The income sharing ratio is Dawn, 50%; Garret, 40%; and Josh, 10%. Dawn desires to withdraw from the partnership and it is agreed that partnership assets of $195500 will be used to pay Dawn for her partnership interest. The balances of Garret’s and Josh’s Capital accounts after Dawn’s withdrawal would be:

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Dawn, Garret and Josh have partnership capital account balances of $225100, $450900 and $104300, res...
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