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Henry and Thomas share gains and losses in the ratio of 2:1. After selling all assets for cash and paying all liabilities, the cash account has $12,000 in it. The capital accounts were as follows:

Henry $10,000; Thomas $2,000. How much of the $12,000 cash would Henry receive?

@ Henry receives cash to equal her capital balance

A. $8,000
B. $12,000
C. $2,000
D. $10,000

 

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