The following accounts pertain to Ali and Basil partnership: cash 10000, non-cash assets 90000, liabilities...

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Accounting

The following accounts pertain to Ali and Basil partnership: cash 10000, non-cash assets 90000, liabilities 30000, Ali capital 50000 and Basil capital 20000. The income ration 3:2. The partnership was liquidated and non-cash assets were sold for 110000. The balance of cash ?T after sales on non-cash assets will be
a.120000
b.140000
c.130000
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