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If partner X has a debit balance in capital and the partnership is dissolving which of the following statement would be true: a. The remaining

If partner X has a debit balance in capital and the partnership is dissolving which of the following statement would be true:

a.

The remaining partner who has the highest balance in his/her capital will have a personal claim on X's assets

b.

All partners who absorb X's debit balance each have the legal right to file a claim against X's personal assets for the full amount X owed.

c.

X's debit balance will be allocated to the remaining partners in proportion to their profit and loss agreement.

d.

X's debit balance will be allocated to the remaining partners in proportion to their respective capital account balances.

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