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Under the hybrid method of accounting for a partner's withdrawal from a partnership Multiple select question. the partnership's net assets are revalued to current fair
Under the hybrid method of accounting for a partner's withdrawal from a partnership Multiple select question. the partnership's net assets are revalued to current fair values. a bonus from the remaining partners to the withdrawing partner may occur. any asset revaluations are allocated to all partners based on their profit and loss percentages. goodwill is typically recognized and allocated to all partners based on their profit and loss percentages
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