Partnership liquidation I only have a question on one part of my problem, so I am adding only the relevant data for my question. Noncash assets= 100,000 Tim, Capital(20%)=(15,000) 1. Before beginning liquidation activities, Tim must eliminate his deficit balance. Assuming the noncash assets have zero value, what is the maximum amount Tim must contribute to the partnership to eliminate the deficit balance in her capital account? Would this be $15,000 instead of $35,000 as noncash assets have zero value?