Question

During the liquidation of the fgh partnership, a cash distribution was made to all the partners, who share profits and losses 60 percent, 20 percent, and 20 percent, respectively. assuming that the cash distribution referred to was made properly, how much would g receive if an additional $60,000 was distributed?

Answer 1

During the liquidation of the fgh partnership, a cash distribution was made to all the partners, who share profits and losses 60 percent, 20 percent, and 20 percent, respectively. assuming that the cash distribution referred to was made properly, how much would g receive if an additional $60,000 was distributed?
$12,000