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Jason bradley and abdul barak with capital balances of

1. Jason Bradley and Abdul Barak, with capital balances of $26,000 and $35,000, respectively, decide to liquidate their partnership. After selling the noncash assets and paying the liabilities, there is $76,000 of cash remaining. If the partners share income and losses equally, how should the cash be distributed?

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Accounting Basics: Jason bradley and abdul barak with capital balances of

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