When a partner withdraws his or her interest in the partnership,both assets and equity will decrease.

Name: When a partner withdraws his or her interest in the partnership,both assets and equity will decrease.
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When a partner withdraws his or her interest in the partnership, the assets are decreased by the amount that is paid to the withdrawing partner, and the equity is also decreased as the partner's share is no longer a part of the equity.

When a Partner Withdraws His or Her Interest in the Partnership,both