A Local Partnership Was in the Process of Liquidating and Reported

question 3

Multiple Choice

A local partnership was in the process of liquidating and reported the following Capital account balances: Douglass indicated that the $14,000 deficit would be covered by a forthcoming contribution. However, the two remaining partners asked to receive the $31,000 that was then in the cash account.How much of this money should Zobart receive?

• A) $15,467.
• B) $14,467.
• C) $17,333.
• D) $15,633.
• E) $15,867.

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Definitions:

Motion Parallax

A depth cue that arises from the relative movement of objects as the observer moves, allowing the brain to gauge distance.

Distance Cue

Visual or auditory signals that help an observer judge how far away an object or sound source is.

Motion Parallax

A depth cue in visual perception where objects closer to the observer move faster across the visual field than objects further away.

Depth

The distance from the nearest to the farthest objects in a scene, giving a three-dimensional perspective.