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Liquidating partnerships - capital deficiency Nettles, King, and Tanaka are partners sharing income 3 : 2 : 1 . After the firm's loss from liquidation
Liquidating partnershipscapital deficiency
Nettles, King, and Tanaka are partners sharing income :: After the firm's loss from liquidation is distributed, the capital account balances were as follows: Nettles, $ Dr;
King, $; and Tanaka, $
If Nettles is personally bankrupt and unable to pay any of the $ what will be the amount of cash received by King and Tanaka upon liquidation? If an amount is zero, enter in
Use the minus sign to indicate any deficiencies.
Amount of Cash Received
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