Question: ........................... When the hybrid method is used to record the withdrawal of a partner, the partnership [3 points] 0 revalues assets but not liabilities, and

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........................... When the hybrid method is used to record the withdrawal of

When the hybrid method is used to record the withdrawal of a partner, the partnership [3 points] 0 revalues assets but not liabilities, and records goodwill to the continuing partner but not to the withdrawing partner. 0 revalues assets and liabilities and records goodwill to the continuing partner but not to the withdrawing partner. 0 revalues assets and liabilities but does not record goodwill. O can recognize goodwill but does not revalue assets and liabilities. O revalues liabilities but not assets, and no goodwill is recorded

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