12-5A_22e - (50 Balance before realization Sale of assets and division of loss Balances after realization Payment of liabilities Balances after

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Problem 12-5A Name: Section: Enter the appropriate amounts in the shaded cells below. A red asterisk (*) will appear to the right of an incorrect amount in the outlined cells. 1. DANIELS, BURTON, AND RAMARIZ Statement of Partnership Liquidation For the Period July 3 - 29, 2008 Noncash Daniels Cash + Assets = Liabilities
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Unformatted text preview: + (50%) + Balance before realization Sale of assets and division of loss Balances after realization Payment of liabilities Balances after payment of liabilities Receipt of deficiency Balances Cash distributed to partners Final balances 2. Capital Burton Ramariz (25%) + (25%)...
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This note was uploaded on 03/12/2011 for the course ACCT 2011 taught by Professor Field during the Fall '09 term at University of Minnesota Morris.

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12-5A_22e - (50 Balance before realization Sale of assets and division of loss Balances after realization Payment of liabilities Balances after

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