use the following account balance information for creekville partnership to answer t 618539
Use the following account balance information for Creekville Partnership to answer the Income ratios are 2:4:4 for Harriet, Mike, and Elly, respectively.
Assets |
Liabilities and Owners” Equity |
||
Cash |
$9,000 |
Accounts payable |
$21,000 |
Accounts receivable |
22,000 |
Harriet, capital |
23,000 |
Inventory |
73,000 |
Mike, capital |
8,000 |
$104,000 |
Elly, Capital |
52,000 |
|
$104,000 |