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Need help with the in the pictures!! Please!! the bescash arsets are sold for $28,500, the partner with the capital deficiency pays the deficiency to
Need help with the in the pictures!! Please!!
the bescash arsets are sold for $28,500, the partner with the capital deficiency pays the deficiency to the parthershith arid the liabilities are pald. Required: and (d) the distribution of cash. and 0 more Check My Work uses renienng 2. Assume that the partner with the capital deficiency declares banknuptcy and is unable to pay the deficiency. 7. Journalize the entry to allocate the partner's deficiency, If an amount box does not reguire an entry, leave it blank Step by Step Solution
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