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1.The capital accounts for the partnership of LL and MM at October 31, 2020 are as follows: LL Capital - P80,000.00; MM Capital - P40,000.00.

1.The capital accounts for the partnership of LL and MM at October 31, 2020 are as follows: LL Capital - P80,000.00; MM Capital - P40,000.00. The partners share profit and loss in the ratio of 3:2 res...

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