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List the order of payment when a partnership is dissolved.?

List the order of payment when a partnership is dissolved.

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1. Secured debt (real proeprty liens, vehicles, tangible property for which financing statements (UCC-1s) have been filed ,etc.) Unsecured debt Loans from partners Distribute, by ownership percentage, to partners (It can get a little tricky if the capital accounts dollar amounts are not in relation to ownership percentage, or if a partnership agreement dictates otherwise, but generally, the order above is how it's done.) Good luck!