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The Percentages Shown Are the Residual Profit and Loss Sharing

Question 8

Multiple Choice

The percentages shown are the residual profit and loss sharing ratios.The partners dissolved the partnership on July 1,2014,and began the liquidation process.During July the following events occurred: -The cash available for distribution to the partners on July 31,2014 is A) $ 4,000. B) $ 8,000. C) $14,000. D) $22,000. The percentages shown are the residual profit and loss sharing ratios.The partners dissolved the partnership on July 1,2014,and began the liquidation process.During July the following events occurred:
The percentages shown are the residual profit and loss sharing ratios.The partners dissolved the partnership on July 1,2014,and began the liquidation process.During July the following events occurred: -The cash available for distribution to the partners on July 31,2014 is A) $ 4,000. B) $ 8,000. C) $14,000. D) $22,000.
-The cash available for distribution to the partners on July 31,2014 is


A) $ 4,000.
B) $ 8,000.
C) $14,000.
D) $22,000.

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