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Which of the following is not a part of the partnership liquidation process? Question 1 6 Select one: a . Liquidation of noncash assets b

Which of the following is not a part of the partnership liquidation process?

Question

16

Select one:

.

Liquidation of noncash assets

.

Recognition of market value adjustments of assets and liabilities

.

Closing of the accounting records

.

Allocation of any remaining profit or loss to partners' capital accounts

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