Question: When a partner withdraws by payment from the other partner's personal assets, the impact on net assets is O a. net assets will decrease by

 When a partner withdraws by payment from the other partner's personal

When a partner withdraws by payment from the other partner's personal assets, the impact on net assets is O a. net assets will decrease by the buyout amount. O b. net assets will increase by the buyout amount. Oc. no change in net assets. O d. net assets will decrease by the amount of the departed partner's capital account

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