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1. A partnership installment liquidation generally results in the partnership receiving less cash when assets are sold II. The partner with the greatest capital account

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1. A partnership installment liquidation generally results in the partnership receiving less cash when assets are sold II. The partner with the greatest capital account balance when a partnership liquidation occurs is the least likely to have a deficit occur in the capital account during the liquidation W Both are false O Both are true O ll only o Tonly

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