27e_PR 12-5A (1).xlsx - Problem 12-5A Name Section Score...

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Problem 12-5A su Name: Section: Statement of parnership liquidation Score: 100% Key Code: [Key code here] Answers are entered in the cells with gray backgrounds. Cells with non-gray backgrounds are protected and cannot be edited. An asterisk (*) will appear to the right of an incorrect entry. Enter a zero in cells you would otherwise leave blank or it will be graded as an omission. 1. GERLOFF, CHU, AND JEWETT Statement of Partnership Liquidation For the Period February 3-28 Capital Noncash Gerloff Chu Cash + Assets = Liabilities + (50%) + (25%) + Balances before realization

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