(Solution) - Eaton Korman and Roland have capital balances of 150 000 10 -(2025 Original AI-Free Solution)

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Academic Level: Undergrad. (yrs 3-4)

Paper Format: APA

Pages: 5 Words: 1375

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Eaton, Korman, and Roland have capital balances of $150,000, $100,000, and $75,000, respectively, and their income ratios are 4:2:4.

Instructions
Record the withdrawal of Roland from the partnership under each of the following assumptions:
1. Roland is paid $75,000 from partnership assets.
2. Roland is paid $93,000 from partnership assets.
3. Roland is paid $60,000 from partnership assets.