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    Principles of Accounting Study Set 1
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    Exam 12: Accounting for Partnerships
  5. Question
    After Selling All the Assets and Paying the Liabilities in a Liquidation
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After Selling All the Assets and Paying the Liabilities in a Liquidation

Question 93

Question 93

True/False

After selling all the assets and paying the liabilities in a liquidation of a partnership,the partners share any remaining cash according to the stated ratios.

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