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Assume a partnership has assets with a book value of $500,000 and a market value of $450,000.Outside liabilities of $100,000, loans payable to Partner A of $30,000 and capital balances of A $200,000, B $180,000 and C $150,000.How much would Partner A receive on liquidation of the partnership assuming partnership profit and loss is allocated equally
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A naturally occurring radioactive gas produced by the decay of uranium in the Earth's crust, known for its health risks, particularly lung cancer, when accumulated in buildings.
Air Pollutant
Substances in the air that can have harmful effects on the health of living creatures or the environment, including gases, particulates, and biological molecules.
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