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In liquidation of LLP, for sale of non-cash assets below the book value, the journal entry includes: a. Credit to realization gains. b. Credit to

In liquidation of LLP, for sale of non-cash assets below the book value, the journal entry includes:

a.

Credit to realization gains.

b.

Credit to realization losses.

c.

Debit to realization losses.

d.

Debit to realization gains.

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