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Which if any cash is available after partnership pays off

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Reference no: EM133004465

Problem 1: upon liquidation, if any cash is available after the partnership pays off its liabilities cash is distributed to partners ________

a. equally
b. according to he value of the services the provide to thepartnership
c. according to their profit and loss sharing ratio
d. according to the equity balances

Reference no: EM133004465

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