Adriana and Belen are partners who share income in the ratio of 3:2 and have...
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Accounting
Adriana and Belen are partners who share income in the ratio of 3:2 and have capital balances of $50,000 and $90,000 at the time they decide to terminate the partnership. After all noncash assets are sold and all liabilities are paid, there is a cash balance of $90,000. How much cash should be distributed to Adriana?
a.$50,000
b.$30,000
c.$20,000
d.$45,000
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