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Prepare a cash distribution plan for the Bane, Hill, and Ross partnership. The year-end balance sheet and residual profit and loss sharing percentages for the

Prepare a cash distribution plan for the Bane, Hill, and Ross partnership.

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The year-end balance sheet and residual profit and loss sharing percentages for the Bane, Hill, and Ross partnership at December 31, 2016, are as follows: The partners agree to liquidate the business and distribute cash when it becomes available. Required: Prepare a cash distribution plan for the Bane, Hill, and Ross partnership

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