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6. Match each of the following descriptions with the appropriate term related to partnership accounting. A. Each and every partner can enter into contracts i.
6. Match each of the following descriptions with the appropriate term related to partnership accounting. A. Each and every partner can enter into contracts i. liquidation on behalf of the partnership B. The business ceases operations. C. How partners share in income and loss D. Adding a new partner by contributing cash E. A partner account with a debit balance ii. capital deficiency iii. admission of a new partner iv. mutual agency v. income sharing ratio
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