=+PR 12-6B Statement of partnership liquidation obj. 4 b. Hancock is to purchase $55,000 of the ownership

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=+PR 12-6B Statement of partnership liquidation obj. 4

b. Hancock is to purchase $55,000 of the ownership interest of Sails for $60,000 cash and to contribute another $30,000 cash to the partnership for a total ownership equity of $85,000.

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Accounting

ISBN: 978-1111001346

23rd Edition

Authors: Carl S. Warren

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