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On November 30, capital balances are Roses $300,000, Ellis $250,00 and Gise $250,000. The income ratios are 20%, 20% and 60%, respectively. Roses decides to

On November 30, capital balances are Roses $300,000, Ellis $250,00 and Gise $250,000. The income ratios are 20%, 20% and 60%, respectively. Roses decides to retire from the partnership. The partnershi 2 answers

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