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The GAP Partnership has decided to liquidate at December 31.2019. The capital and loan balances...

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Accounting

The GAP Partnership has decided to liquidate at December 31.2019. The capital and loan balances of the partners at December 31,2019 are provided below:
\table[[Partner,Capital Balances,Loan Balances,\table[[Profit/L.],[Sharing]]],[George,$210,000,$40,000 account payable,50%
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