During a liquidation, capital ________ means that at least one partner has a debit balance...
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Accounting
During a liquidation, capital means that at least one partner has a debit balance in his or her capital account at the point of final cash distribution. Multiple choice question. bonus liability deficiency payout
During a liquidation, capital means that at least one partner has a debit balance in his or her capital account at the point of final cash distribution.
Multiple choice question.
bonus
liability
deficiency
payout
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