When a partner withdraws from a partnership at book value,the partner will take a distribution of assets in the value of his or her capital account balance.

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When a partner withdraws at book value, the partner will receive assets valued at their capital account balance. This is because the capital account reflects the partner's investment in the partnership, and withdrawing at book value means taking out the investment amount. Therefore, the partner will receive assets equivalent to their capital account balance.

When a Partner Withdraws from a Partnership at Book Value,the