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A partnership has gone through liquidation and now reports the following account balances: Profits and...

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Accounting

image A partnership has gone through liquidation and now reports the following account balances: Profits and losses are allocated on the following basis: Ashman, 30 percent; Molina, 20 percent; Pinckney, 30 percent; and Diaz, 20 percent. Required: Calculate the safe payments that can be made to individual partners

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