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D and E are partners who share income in the ratio of 1:2 and have capital balances of 40,000 and 70,000 at the time they
D and E are partners who share income in the ratio of 1:2 and have capital balances of 40,000 and 70,000 at the time they decided to terminate the partnership. After all noncash asset are sold and all liabilities are paid, there is a cash balance of $80,000. What amount of loss on realization should be allocated to D
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