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12.7 Liquidation of a Partnership If a partner with a capital deficiency is unable to pay, which of the following is TRUE? The capital
12.7 Liquidation of a Partnership If a partner with a capital deficiency is unable to pay, which of the following is TRUE? The capital deficiency will be closed to the partner's drawings account. The loss will be absorbed equally among the remaining partners. The remaining partners must absorb the loss. The creditors will not be paid in full, even if there is adequate cash to pay them. Save for Later Aptal deficienty may be caused by a PC Farts Q Submit Answer 62%
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