Question and answer
Which of the following is an incorrect step in the process of partnership liquidation? A. Paying any liabilities B. Closing all accounts payable C. Allocating gains and losses to partners D. Selling the assets
Closing all accounts payable -is an incorrect step in the process of partnership liquidation.
Expert answered|Janet17|Points 32504|
Question
Asked 12/5/2017 9:57:03 AM
Updated 12/5/2017 11:32:22 AM
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This answer has been confirmed as correct and helpful.
Confirmed by Masamune [12/5/2017 11:32:22 AM]
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