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What is the proper disposition of a partnership loan that was made from a partner who has a debit balance in the capital account?
Testimony
A formal statement made under oath, often used as evidence in court or other legal proceedings.
Formal Service
A process in legal proceedings that involves the official delivery of documents to inform a person of legal actions or proceedings against them.
Jurisdictions
The official power to make legal decisions and judgments, often referred to in context of geographical area or scope of legal authority.
Liability
The state of being legally responsible (liable) for something, such as a debt or obligation.
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