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ask expert Distribution of cash upon liquidation $ 2 , 5 8 0 in cash. Use the minus sign to indicate any deficiency for the
ask expert
Distribution of cash upon liquidation
$ in cash.
Use the minus sign to indicate any deficiency for the capital accounts.
a How much net income was earned from the venture?
$
b How should the $ be distributed?
c Assume that the partnership has only $ instead of $ Complete the following table to determine if any of the three partners have a capital deficiency?
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