In the process of liquidation, a partnership firm sells its non-cash assets with a book value of $55,000, for $73,000. Which of the following will be included in the entry to record the sale of assets at liquidation?

A) Gain on Disposal will be credited by $73,000.
B) Gain on Disposal will be debited by $73,000.
C) Gain on Disposal will be credited by $18,000.
D) Gain on Disposal will be debited by $18,000.


C) Gain on Disposal will be credited by $18,000.

Business

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A. demographic characteristics B. shareholder, customer, and market changes C. manager's behavior D. human resource concerns E. social and political pressures

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Which outcome to influence tactics causes bad feelings and distrust?

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