Question: If a partnership is liquidated, how is the final allocation of business assets made to the partners? a. Equally. b. According to the profit and

If a partnership is liquidated, how is the final allocation of business assets made to the partners?

a. Equally.
b. According to the profit and loss ratio.
c. According to the final capital account balances.
d. According to the initial investment made by each of the partners.

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