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Title: Marshall retires from the partnership of Marshall, Mark, and Dennis. Marshall had a capital balance ... Post by: Haleyharris1 on Jul 26, 2018 Marshall retires from the partnership of Marshall, Mark, and Dennis. Marshall had a capital balance of $25,000. If Marshall received $25,000 as final settlement, how will this transaction affect the balance sheet items?
A) Cash will increase. B) Liabilities will increase. C) Liabilities will decrease. D) Equity will decrease. Title: Marshall retires from the partnership of Marshall, Mark, and Dennis. Marshall had a capital balance ... Post by: Lawson1981 on Jul 26, 2018 Content hidden
Title: Marshall retires from the partnership of Marshall, Mark, and Dennis. Marshall had a capital balance ... Post by: Haleyharris1 on Jul 26, 2018 :-] I'm impressed
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