Question: The first entry to liquidate a partnership would probably include A. a debit to Cash and a credit to individual Assets Sold. B. a debit

The first entry to liquidate a partnership would probably include A. a debit to Cash and a credit to individual Assets Sold. B. a debit to Cash, a debit or credit to Loss or Gain from Realization, and a credit to Individual Assets Sold. C. a debit to Individual Assets Sold and a credit to Cash. D. None of the above

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