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capital accounts. 4. Georgia and Hattie are 70%-30% partners in the GH partnership. The partnership had a $200,000 loss for the year ending December 31,

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capital accounts. 4. Georgia and Hattie are 70%-30% partners in the GH partnership. The partnership had a $200,000 loss for the year ending December 31, 2020. T Prepare the appropriate journal entry to close the income summary to the partners capital accounts

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