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Atter dosing the accounts on July 1, prior to liquidating the partnersbip, the capital account baiances of Gold, Porter, and 5 ims are $39,900, $57,000,

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Atter dosing the accounts on July 1, prior to liquidating the partnersbip, the capital account baiances of Gold, Porter, and 5 ims are $39,900, $57,000, and $25,200, respectively. Cash, noncash assets, and liabilities total $60,900,$105,300, and $44,100, respectively. Between July 1 and July 29 , the noncash assets are sold for 584,300 , the liabilities are paid; and the remaining cash is distributed to the parthers. The partners share net income and loss in the ratio of 3:2:1. Prepare a statement of parthership liquidation for the period July 1-29. Enter any subtractions (balance deficiencies, payments, cash distributions, divisions of loss, sale of assets) as negative numbers using a minus sign. If an amount is zero, enter in t 0. Atter diosing the accounts on July 1, prior to liquidating the partnership, the capital account balances of Gold, Porter, and 5 ims are $39,900,$57,000, and $25,200, respectively. Cash, noncash assets, and liabilities total $60,900,$105,300, and $44,100, respectively, Between July 1 and July 29 , the noncash assets are sold for 584,300 , the liabilities are paid; and the remaining cashis distributed to the parthers. The partners share net income and loss in the ratio of 3:2:1. Prepare a statement of partnership liquidation for the period July 1-29. Enter any subtractiens (balance deficiencies, payments, cash distributions, divisions of loss, sale of assets) as negative numbers using a minus sign. If an amount is zero, enter in 70

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