Question:Capital balances in the TERM partnership are terry capital $50000 ,Enid Capital $40000 , Rob capital $30000, and mary capital $20000, and income ratios are 4:3:2:1, respectively. Mary withdraws from the firm following payment of $29,000 in cash from the partnership .Enid's capital balance after recording the withdrawal of Mary is:
A $36000
B $37000
C $38000
D $40000
+ AnswerB
+ Report