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Unformatted text preview: Barbara, Ruth, and Meg Statement of Liquidation February 1, 2008 Cash Inventory Accounts Barbara, C Ruth, C Meg, C Gain/Loss Payable from Realization Balance, 02/01 Sale of Inventories Allocation of Gain/Loss from Realization Payment of Liabilities Distribution of Partners’ Share of Ruth’s Deficit Distribution to Partners...
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- Spring '11
- Generally Accepted Accounting Principles, Meg, Ruth