The remaining cash of a partnership (after creditors have been paid) upon liquidation is divided among partners according to their

A) capital balances
B) contribution of assets
C) drawing balances
D) income sharing ratio

Remaining Cash

The amount of money a company has left after all its transactions have been accounted for.

Capital Balances

The amounts shown in a company's capital accounts, reflecting the capital owned by its owners or shareholders.

Liquidation

The process of converting assets into cash or other assets by selling them to pay off creditors or distribute the remaining assets to shareholders.