E12-9B Data for The Bice Company partnership are presented in E12-8B. Instructions Prepare the...

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Accounting

E12-9B Data for The Bice Company partnership are presented in E12-8B.
Instructions
Prepare the entries to record:
(a) The sale of noncash assets.
(b) The allocation of the gain or loss on liquidation to the partners.
(c) Payment of creditors.
(d) Distribution of cash to the partners

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