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Partnership has assets of $210,000 and liabilities of $65,000 Partner A Partner B Partner C Profit & Loss Percentage 50% 30% 20% Capital Balance $70,000

Partnership has assets of $210,000 and liabilities of $65,000 Partner A Partner B Partner C Profit & Loss Percentage 50% 30% 20% Capital Balance $70,000 $30,000 $15,000 Assume the above reco...

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