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pr8viulu, Based on the information 23. The Drysdale, Koufax, and Marichal partnership has the following...

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Accounting

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pr8viulu, Based on the information 23. The Drysdale, Koufax, and Marichal partnership has the following balanc e sheet immediatel y pricr to liquidation: Liabilities. . . . Drysdale, loan Drysdale, capital (50%) Koufax, capital (30%) Marichal, capital (20%; $36,000 204,000 $50,000 10,000 70,000 60,000 50,000 Cash .._ _. Noncash assets a. Liquidation expenses are estimated to be $15,000. Prepare a the distribution of cash. available cash to be b. Assume that assets costing $74,000 are sold for $60,000. How is the divided

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