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Quinn, Mellissa, and Harper are liquidating their partnership. They have no agreement for sharing profits and losses. The ending capital account balances are Quin, $13,000;

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Quinn, Mellissa, and Harper are liquidating their partnership. They have no agreement for sharing profits and losses. The ending capital account balances are Quin, $13,000; Mellissa, $13,000; Harper, ($2,000). There is $60,000 in cash to be distributed to the partners. The journal entry to record the distribution should be West Coast Outdoor Co. sold $22,000 worth of trampolines with a one-year warranty. The company estimates that 2% of the sales will result in warranty work. West Coast Outdoor Co. should Quinn, Mellissa, and Harper are liquidating their partnership. They have no agreement for sharing profits and losses. The ending capital account balances are Quin, $13,000; Mellissa, $13,000; Harper, ($2,000). There is $60,000 in cash to be distributed to the partners. The journal entry to record the distribution should be West Coast Outdoor Co. sold $22,000 worth of trampolines with a one-year warranty. The company estimates that 2% of the sales will result in warranty work. West Coast Outdoor Co. should

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