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When a predistribution plan is used to determine distributions of cash to partners, distributions are made to partners on the basis of their original profit

When a predistribution plan is used to determine distributions of cash to partners, distributions are made to partners on the basis of their original profit and loss percentages Multiple choice question. once partnership liabilities and liquidation expenses have been paid. beginning with the first distribution of cash to partners. only after all partners begin to receive cash based on the predistribution plan

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