The following parinenship accounts represent a liability of a partner to the partnership except: A Receivable from partner 8. Loan to partner c. Loon from partner o Due from partner E. None of the above The loss on realization is distributed to the partners in accordance to their A Capital balances of the fime of realization B. Profit and loss sharing agreement c. Distributed equally among the partners 0. Ending capital balances at the beginning of the year E None of the above A partner who administers the realization and distribution of partnership assets after dissolution. A Industrial partner B. Liquidating partner C. Managing partner D. General partner E None of the above 8. The conversion of non-cash assets into cash A Liquidation Dissolution c. Realization o Marshaling of assets E. None of the above 9. When is a partnership legally insolvent A When the partnership assets are insufficient to meet the partnership obligations and at least one partner is legally insolvent When the partnership assets are insufficient to meet the partnership obligations C. When the partnership assets plus the assets of all the partners are insufficient to meet the partnership plus the individual partners labilities D. When all the partners are personally insolvent. None of the above 10. In the liquidation of a partnership, a loan payable to a partner: A Must be closed to that partner's drawing account. B. Has the same priority as amounts payable to outside creditors of the partnership. c. Will not advance the time of payment to that partner during the liquidation. 0. May be offset against that partner's capital account balance before liquidation commences. None of the above 21