RECOMMENDED!!The BDX partnership has decided to liquidate

  

The BDX partnership has decided to liquidate. At the time, the profit and loss ratios for Baker Donnelly and Xavier were 1:1:3. The balance sheet is belowCash 60,000Other Assets 340,000=400,0000Liabilities 40,000B, Capital 100,000D, Capital 140,000X, Capital 120,000A. Using the loss absorption potential system, determine how the partners will share in the distribution of cash

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