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A Z After liquidating noncash assets and paying creditors, account balances in the Sunland partnership...

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Accounting

A Z After liquidating noncash assets and paying creditors, account balances in the Sunland partnership are Cash $19,425; C, Capital (Cr.) $7,400; T, Capital (Cr.) $8,325; and D, Capital (Cr.) $3,700. The partners share profit equally. Journalize the final distribution of cash to the partners. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Account Titles eTextbook and Media c W 3 X E SD alt $ [] 4 D R % ITI Debit Search 5 T 6 G B & Credit hp H N M O 16 K 1/4 ENG US Trisert 3/4
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After liquidating noncash assets and paying creditors, account balances in the Sunland partnership are Cash $19,425;C,C apital (Cr) $7,400; T, Capital (Cr) \$8,325; and D, Capital (Cr.) $3,700. The partners share profit equally Journalize the final distribution of cash to the partners. (Credit account titles are automatically indented when the amount is entered. Do not indent manually Lbt all debit entries before credit entries. If no entry is required, select "No Entry' for the account tities and enter 0 for the amounts.)

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