A partnership has been dissolved and 315 000 is left in the bank. How should this be

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A partnership has been dissolved and 315 000 is left in the bank.

How should this be distributed between the partners?

A. According to the last agreed balances on their capital accounts

B. According to the last agreed profit-sharing ratio

C. According to the last agreed total balances on their capital and current accounts

D. Equally

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Accounting For Cambridge International AS And A Level

ISBN: 9780198399711

1st Edition

Authors: Jacqueline Halls Bryan, Peter Hailstone

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Question Posted: Sep 17, 2021 01:27 AM

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A partnership has been dissolved and 315 000 is left in the bank. How should this be

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D Equally EXPLANATION The 315 000 ...View the full answer

Accounting For Cambridge International AS And A Level

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