Everett, miguel, and ramona are partners, sharing income 1: 2: 3. after selling all of the assets for cash, dividing losses on realization, and paying liabilities, the balances in the capital accounts are as follows: everett, $53,300 cr.; miguel, $46,200 dr.; and ramona, $39,800 cr. how much cash is available for distribution to the partners?

$46,900 cash is available for distribution to the partners

Explanation:

The computation of the distribution of cash is shown below:

= Everett capital credit balance + Ramona capital credit balance - Miguel  capital credit balance

= $53,300 + $39,800 - $46,200

= $46,900

We simply added the credit balances and deduct the debit balance for calculation of the cash distribution to the partners

hi i’m a student too and i’ve had this app downalodes for a few weeks people do answer it you just gotta be patient and what is your question + subject i’ll you?