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lover567 lover567
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5 years ago
Liquidation in a partnership refers to ________.
A) increasing the investment in highly liquid assets
B) shutting down the business by selling its assets and paying its liabilities
C) the admission or withdrawal of a partner that dissolves the partnership
D) purchase of another partnership firm which is operating in the same business
Textbook 
Horngren's Accounting

Horngren's Accounting


Edition: 11th
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54321abs54321abs
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5 years ago
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lover567 Author
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#2
5 years ago
Appreciate the effort you put into answering, thank you!
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#3
5 years ago
You're very welcome
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