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  3. Study Set
    Fundamental Accounting Principles Study Set 5
  4. Exam
    Exam 12: Accounting for Partnerships
  5. Question
    A Capital Deficiency Exists When All Partners Have a Credit
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A Capital Deficiency Exists When All Partners Have a Credit

Question 34

Question 34

True/False

A capital deficiency exists when all partners have a credit balance in their capital accounts.

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