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1. A and B are partners with capitals of P200,000 and P100,000 and sharing profits and losses 3:1 respectively. They have agreed to admit C

1. A and B are partners with capitals of P200,000 and P100,000 and sharing profits and losses 3:1 respectively. They have agreed to admit C as partner, C invests P150,000 for a 50% interest in the fir...

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