The Henry, Isaac, and Jacobs partnership was about to enter…

The Henry, Isaac, and Jacobs partnership was about to enter liquidation with the following account balances: Cash $ 90,000 Liabilities $ 60,000 Noncash assets 300,000 Henry, capital 80,000     Isaac, capital 110,000     Jacobs, capital 140,000 Total $ 390,000 Total $ 390,000 Estimated expenses of liquidation were $5,000. Henry, Isaac, and Jacobs shared profits and losses in a ratio of 2:4:4.What amount of cash was available for safe payments, based on the above information?  

The Allen, Bevell, and Carter partnership began the process…

The Allen, Bevell, and Carter partnership began the process of liquidation with the following balance sheet: Cash $ 25,000 Liabilities $ 175,000 Noncash assets 500,000 Allen, capital 90,000     Bevell, capital 100,000     Carter, capital 160,000 Total $ 525,000 Total $ 525,000 Allen, Bevell, and Carter share profits and losses in a ratio of 3:2:5. Liquidation expenses are expected to be $14,000.If the noncash assets were sold for $275,000, what amount of the loss would have been allocated to Bevell with respect to the noncash assets?