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  • Accounts Dissolution Test

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    Feriha Naaz
    9 views3 pages
    The document summarizes the settlement of an estate involving 3 cases. Case 1 valued $25,000 with a capital account balance of $30,000. Case 2 valued $25,000 with a balance of $6,000. Case 3 valued $25,000 with a balance of $16,000. The total investment was $27,000 which was divided proportionately. John was given assets of $21,500 and Mary was given the remaining $5,500.

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    The document summarizes the settlement of an estate involving 3 cases. Case 1 valued $25,000 with a capital account balance of $30,000. Case 2 valued $25,000 with a balance of $6,000. Case 3 valued $25,000 with a balance of $16,000. The total investment was $27,000 which was divided proportionately. John was given assets of $21,500 and Mary was given the remaining $5,500.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    9 views3 pages

    Accounts Dissolution Test

    Uploaded by

    Feriha Naaz
    The document summarizes the settlement of an estate involving 3 cases. Case 1 valued $25,000 with a capital account balance of $30,000. Case 2 valued $25,000 with a balance of $6,000. Case 3 valued $25,000 with a balance of $16,000. The total investment was $27,000 which was divided proportionately. John was given assets of $21,500 and Mary was given the remaining $5,500.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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