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What cash remaining after all the partnership creditors

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Reference no: EM132745029

Problem 1: If cash payments to partners during liquidation are delayed until all non-cash assets have been sold, any cash remaining after all the partnership creditors have been paid is distributed

a. According to the liquidator's choice
b. In the profit or loss ratio
c. In the amount equal to the partner's remaining interest
d. Any of the above

Reference no: EM132745029

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