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due to the fact that the partership had been unprofitable for the past several years, A,B,c and d decided to liquidate their partnership. The partners

due to the fact that the partership had been unprofitable for the past several years, A,B,c and d decided to liquidate their partnership. The partners share profits and losses is the ratio of 40:30:20:10, repectively. The followinjhg balance sheet was prepared immediately before the liquidation process began: A,BCD Partnership

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