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Find the second cash payment to any partner

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Problem 1: The Mac-Don-Ald Partnership is being liquidated. All liabilities have been paid and the remaining assets are being realized gradually. The equity of the partners is as follows: MAC: Capital - ?33,000, Loans Payable -?7,000, P&L Ratio - 2; DON: Capital - ?42,000, P&L Ratio - 3; ALD: Capital - ?95,000, Loans Receivable -?15,000, P&L Ratio - 5. The second cash payment to any partner/s under program of priorities shall be made thus:

A) To Mac - ?6,000
B) To Mac -?4,000
C) To Mac -?4,000 and Ald -?10,000
D) To Ald - ?10,000

Reference no: EM132737758

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