Prior to liquidation, Hill & Parks prepared the following simplified trial balance. The partners, Hill and Parks, share

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answerhappygod
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Prior to liquidation, Hill & Parks prepared the following simplified trial balance. The partners, Hill and Parks, share

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Prior to liquidation, Hill & Parks prepared the followingsimplified trial balance. The partners, Hill and Parks, shareincome and losses 3:2. Upon liquidation on December 31, 2019, thepartnership sells all non-cash assets for $72,000.
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