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Question 2 (20 Marks) Natasha, Elize and Tino are partners in a well.pdf

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Question 2 (20 Marks) Natasha, Elize and Tino are partners in a wellness and beauty salon trading as The Wellness Spa. They share profits and losses in the ration 5:3:2. Due to the COVID-19 pandemic and the subsequent global economic downfall, they decided to liquidate the partnership simultaneously on July 2021. The following information was obtained from the records of the partnership: The Wellness Spa Statement of Financial position as at 30 June 2021 N$ Equity and Liabilities.

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Question 2 (20 Marks) Natasha, Elize and Tino are partners in a wellness and beauty salon trading as The Wellness Spa. They share profits and losses in the ration 5:3:2. Due to the COVID-19 pandemic and the subsequent global economic downfall, they decided to liquidate the partnership simultaneously on July 2021. The following information was obtained from the records of the partnership: The Wellness Spa Statement of Financial position as at 30 June 2021 N$ Equity and Liabilities

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