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54 My Home CengageNOWv2 | Onlin X *Course Hero + X O A https://v2.cengagenow.com/ilmn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false Ch 12-2 Practice Exercises eBook Show Me How Calculator Print Item

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54 My Home CengageNOWv2 | Onlin X *Course Hero + X O A https://v2.cengagenow.com/ilmn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false Ch 12-2 Practice Exercises eBook Show Me How Calculator Print Item 1. PE. 12-01.ALGO Liquidating Partnerships-Deficiency ? 2. PE. 12-02.ALGO Prior to liquidating their partnership, Pepper and Reynell had capital accounts of $13,000 and $46,000, respectively. The partnership assets were sold for $23,000. The partnership had no liabilities. Pepper and Reynell share income and losses equally. 3. PE. 12-03.ALGO Required: 4. PE. 12-4.ALGO a. Determine the amount of Pepper's deficiency. $ 5. PE. 12-05.ALGO b. Determine the amount distributed to Reynell, assuming Pepper is unable to satisfy the deficiency. 6. PE. 12-06.ALGO Progress: 6/6 items Check My Work 2 more Check My Work uses remaining. Previous Type here to search O Fi a 8:52 PM 3/27/2020

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