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Not yet answered Marked out of 1.00 12 The first step in the liquidation of a partnership is to .a O Pay partnership liabilities O
Not yet answered Marked out of 1.00 12 The first step in the liquidation of a partnership is to .a O Pay partnership liabilities O .b Distribute remaining cash to partners .C O Sell noncash assets and recognize a gain or loss on realization .d Allocate gain/loss on realization to the partners
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