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17. Herman had a capital deficiency of $20,000 and Edwards had a credit balance of $150,000 in his capital account before the entry to record

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17. Herman had a capital deficiency of $20,000 and Edwards had a credit balance of $150,000 in his capital account before the entry to record final distribution of cash to partners. When the final distribution of cash is made, the amount of cash Edwards should receive is a. $65,000. b. $75,000 c) $110,000. d. $130,000

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