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2. Kiko and Lala of the KL PARTNERSHIP have capital balances of Php180,000 and Php360,000, respectively. They share profits and losses in the ratio of

2. Kiko and Lala of the KL PARTNERSHIP have capital balances of Php180,000 and Php360,000, respectively. They share profits and losses in the ratio of 40% and 60%, respectively. They agree to admit Mo...

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