{"id":175646,"date":"2018-02-20T23:50:30","date_gmt":"2018-02-20T23:50:30","guid":{"rendered":"https:\/\/writemyessayfree.com\/sedgwick-company-at-december-31-has-cash-20000-noncash-assets-100000-liabilities-55000-and-the-following-capital-balances-floyd-45000and"},"modified":"2018-10-24T09:31:47","modified_gmt":"2018-10-24T09:31:47","slug":"sedgwick-company-at-december-31-has-cash-20000-noncash-assets-100000-liabilities-55000-and-the-following-capital-balances-floyd-45000and","status":"publish","type":"post","link":"https:\/\/www.benedictsol.com\/blogs\/sedgwick-company-at-december-31-has-cash-20000-noncash-assets-100000-liabilities-55000-and-the-following-capital-balances-floyd-45000and\/","title":{"rendered":"Sedgwick Company at December 31 has cash $20,000, noncash assets $100,000, liabilities $55,000, and the following capital balances: Floyd $45,000and&#8230;"},"content":{"rendered":"<p>Sedgwick Company at December 31 has cash $20,000, noncash assets $100,000, liabilities $55,000, and the following capital balances: Floyd $45,000&nbsp;and DeWitt $20,000. The firm is liquidated, and $105,000&nbsp;in cash is received for the noncash assets. Floyd and DeWitt income ratios are&nbsp;60% and&nbsp;40%, respectively.<\/p>\n<p>Prepare a schedule of cash payments. <b>(If an amount reduces the account balance then enter with a negative sign preceding the number e.g. -15,000 or parenthesis e.g. (15,000).)<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sedgwick Company at December 31 has cash $20,000, noncash assets $100,000, liabilities $55,000, and the following capital balances: Floyd $45,000&nbsp;and DeWitt $20,000. The firm is liquidated, and $105,000&nbsp;in cash is received for the noncash assets. Floyd and DeWitt income ratios <a href=\"https:\/\/www.benedictsol.com\/blogs\/sedgwick-company-at-december-31-has-cash-20000-noncash-assets-100000-liabilities-55000-and-the-following-capital-balances-floyd-45000and\/\" class=\"read-more\">Read More &#8230;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-175646","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/175646","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=175646"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/175646\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=175646"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=175646"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=175646"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}