ABC Partnership was unsuccessful and is beginning liquidation. All partners share profits and losses equally. Current Ca

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answerhappygod
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ABC Partnership was unsuccessful and is beginning liquidation. All partners share profits and losses equally. Current Ca

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ABC Partnership was unsuccessful and is beginning liquidation.All partners share profits and losses equally. Current Capitalbalances are as follows:Partner A: 49000Partner B: 34000Partner C: -7000The partnership has a current cash balance of 21000 and noncashassets of 98000. The partnership expects to receive 71000 from thesale of the non cash assets. Both Partner A and B are personallysolvent, but Partner C is not. The estimate of cash disbursed toeach partner will be:Partner A: Partner B: Partner C:
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