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Tim, Don, and Hans are partners with capital balances of $30,142, $23,668, and $53,768 respectively. They share income in the ratio of 3:2:1. Income Summary with a debit balance of $32,690 is closed to the capital accounts. Don withdraws from the partnership. How much cash does he get upon withdrawal?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9971741

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