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comapny wishes to liquidate the firm by distributing the company's cash to the three partners. Prior to the distribution of cash, the company's balances are

comapny wishes to liquidate the firm by distributing the company's cash to the three partners. Prior to the distribution of cash, the company's balances are cash 63800; Oakley capital (Cr.) 51000; Quaney capital (Dr.) 14280; and Ellis capital (Cr.) 27080. The income ratios of the three partners are 2:4:4, respectively

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