12-25_22e - + (2/5) Balances before realization Sales of...

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Exercise 12-25 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. a. CITY SIGNS, LLC Statement of LLC Liquidation For the Period March 1-31, 2008 Noncash Gilley Cash + Assets = Liabilities
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Unformatted text preview: + (2/5) Balances before realization Sales of assets and division of gain Balances after realization Payment of liabilities Balances after payment of liabilities Distribution of cash to members Final balances b. Member Equity Hughes Moussa + (2/5) + (1/5)...
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12-25_22e - + (2/5) Balances before realization Sales of...

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