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solution pls Question 3: A and B are partners sharing profit and loss equally on January 1 2013 they agreed to liquidate their partnership firm,
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Question 3: A and B are partners sharing profit and loss equally on January 1 2013 they agreed to liquidate their partnership firm, at the time of liquidation the following information taken from their balance sheet. Required: Record the liquidation of partnership firm in general journal under each of the following situation separately and also prepare a liquidation of each case separately. a. If other assets realized in cash Rs. 600,000 b. If other assets realized in cash Rs. 360,000 Step by Step Solution
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