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which of the following statement is true about installment partnership liquidation A .cash available will...

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Accounting

which of the following statement is true about installment partnership liquidation

A .cash available will be distributed equally to the partner

B. a safe payment schedule will be prepared for each round of cash distribution to partner

C. The partners with the highest capital account balance will be always the first to receive cash distribution in each roudn

the rule of setoff does not apply

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