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What accounting transactions are not recorded by an accountant during partnership liquidation? A.The conversion of partnership assets into cash. B.The allocation of gains and losses

  • What accounting transactions arenotrecorded by an accountant during partnership liquidation?
  • A.The conversion of partnership assets into cash.
  • B.The allocation of gains and losses from sales of assets.
  • C.The payment of liabilities and expenses.
  • D.The initiation of legal action by creditors of the partnership.
  • E.Write-off of remaining unpaid debts.

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