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On December 31, 2016, partners J, A and C have capital balances of 252,000, 368,000 and 305,000 respectively. The partnership has 275,000 on liabilities including

On December 31, 2016, partners J, A and C have capital balances of 252,000, 368,000 and 305,000 respectively. The partnership has 275,000 on liabilities including a loan from A amounting to 20,000. Pa...

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