=+1. Prepare a statement of partnership liquidation, indicating (a) the sale of assets and division of loss,

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=+1. Prepare a statement of partnership liquidation, indicating

(a) the sale of assets and division of loss,

(b) the payment of liabilities,

(c) the receipt of the deficiency (from the appropriate partner), and

(d) the distribution of cash.

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Accounting

ISBN: 978-1111001346

23rd Edition

Authors: Carl S. Warren

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