Question: A , B and C decided to liquidate their partnership on July 3 1 , 2 0 2 0 . Their capital balances and profit

A, B and C decided to liquidate their partnership on July

A, B and C decided to liquidate their partnership on July 31,2020. Their capital balances and profit and loss ratio are as follows:
\table[[Partner,Capital balances,Profit/loss ratio],[A,100,000,40%
31,2020. Their capital balances and profit and loss ratio are as follows:

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