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The balance sheet of Ryan and Peters partnership as of December 31, 2018. Is glven below. Assets Liabilities Cash $17,000 Ac
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Answer #1

Answer :- Calculation of cash balance remaining to pay the liabilities :-

= Beginning cash balance + sale of equipment & furniture + Accounts receivable

= $17,000 + $18,000 + $9,000

= $44,000

So the correct answer is option B.($44,000)

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