Register
Which of the following is an incorrect step in the process of partnership liquidation? Question 3 options: Paying any liabilities Allocating gains and losses to partners Selling the assets Closing all
34.8k views
3 votes
Which of the following is an incorrect step in the process of partnership liquidation? Question 3 options: Paying any liabilities Allocating gains and losses to partners Selling the assets Closing all accounts payable

User Andreas Walter
by
5.1k points

2 Answers

4 votes
The correct answer out of the choices is A I believe
User Xproph
by
5.8k points
4 votes

The correct answer to your question is: "Closing all accounts payable."

User Vishal Kardode
by
6.1k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.9m questions

7.7m answers

Other Questions

_____ reminds customers and clients that they made a good choice in selecting a company with which to do business, or it reminds them of the good qualities of their purchase.​
Demonstrate how binomial nomenclature is related to classification systems by identifying the genus name and the specific name of the domestic cat felis catus
On august 1 the darius co. purchased a photocopy machine for $8,000. the estimated annual depreciation on the machine is $1,680. if the company prepares annual financial statements on december 31, the
When president obama was elected, the u.s. economy was in trouble, and has slid into a recession. consumer spending was low and getting worse. in an effort to stop the decline, president obama proposed
In a gallup poll of 1059 randomly selected adults, 39% answered "yes" when asked "do you have a gun in your home?"
Link Copied!