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The following condensed balance sheet is for the partnership ofLudolf, Sambal, and Urad, who share profits and losses in the ratioof 6:2:2, respectively:Cash$ 49,000Liabilities$ 39,000Other

The following condensed balance sheet is for the partnership ofLudolf, Sambal, and Urad, who share profits and losses in the ratioof 6:2:2, respectively:Cash$ 49,000Liabilities$ 39,000Other assets1 2 answers

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