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  3. Study Set
    College Accounting Study Set 2
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    Exam 17: Partnership
  5. Question
    When the Assets Are Sold at a Loss and One
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When the Assets Are Sold at a Loss and One

Question 18

Question 18

True/False

When the assets are sold at a loss and one partner cannot make up the deficit, the other partners have no liability to make up the deficit.

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