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Jake, Sacha, and Brianne own a tour company called Adventure Sports. The partners share profit...

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Accounting

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Jake, Sacha, and Brianne own a tour company called Adventure Sports. The partners share profit and losses in a 2.3 .5 ratio. Aftet lengthy disagreements among the partners and several unprofitable periods, the friends decided to liquidate the partnership. Before the liquidation, the partnership balance sheet showed total assets, $241,900, total liabilities, $203,000; Jake. Capital, $8,300, Sacha, Capital, $10,300, and Brianne, Capital, $20,300 The cash proceeds from selling the assets were sufficient to repay all but $48,000 to the creditors. Calculate the loss from selling the assets. (Round the final answer to the neorest doliar.) Allocate the loss to the partners. (Round the finol answers to the nearest dollor. Negotive amounts should be indicoted by minus sign.) Determine how much of the remaining liability should be paid by each partner (Round the final answers to the nearest dollas: Negotive amounts should be indicated by minus sign.)

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