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debt balance of partners' capital always means insolvent according to the simple liquidation Select one: True False A bonus to old partners results when the

debt balance of partners' capital always means insolvent according to the simple liquidation
Select one:
True
False
A bonus to old partners results when the new partner's capital credit on the date of admission is greater than his or her investment in the firm.
Select one:
True
False
in liquidation all partner must be paid equal amount
Select one:
True
False

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