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Impact on capital balances of a partner withdrawing. After being a partner for over 10 years, Ziegler has decided to sell her interest in a
Impact on capital balances of a partner withdrawing. After being a partner for over 10 years, Ziegler has decided to sell her interest in a partnership with Grossman and Casper. Prior to the date of the sale and subsequent to the allocation of profits and drawing balances, information concerning the partners was as follows: Grossman Ziegler Casper $200,000 $125,000 40% 150,000 40% 20%
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