The Following Information Is Available on TGR Enterprises,a Partnership,for the Most

question 97

Multiple Choice

The following information is available on TGR Enterprises,a partnership,for the most recent fiscal year: There are three partners in TGR Enterprises: Tracey,Gregory and Rodgers.At the end of the year,the partners' capital accounts were in the ratio of 2:1:2,respectively.Compute the ending capital balances of the three partners.

• A)Tracey = $108,000;Gregory = $54,000;Rodgers = $108,000.
• B)Tracey = $90,000;Gregory = $90,000;Rodgers = $90,000.
• C)Tracey = $204,000;Gregory = $102,000;Rodgers = $204,000.
• D)Tracey = $84,000;Gregory = $102,000;Rodgers = $84,000.
• E)Tracey = $60,000;Gregory = $30,000;Rodgers = $60,000.

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