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A capital deficiency means that Multiple Choice The partnership has been sold at a loss. The partnership has more liabilities than assets. At least one
A capital deficiency means that Multiple Choice The partnership has been sold at a loss. The partnership has more liabilities than assets. At least one partner has a debit balance in his/ her capital account: The partnership has a loss. At least one partner has a credit balance in his/her capital account of 9 e to search o DI
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