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. 24. X and Y had net loss of P12,000 for the year ended December 31, 20x1. Z purchased interest in the partnership by paying

. 24. X and Y had net loss of P12,000 for the year ended December 31, 20x1. Z purchased interest in the partnership by paying P60,000 for 50% interest. At this time, the capital balance of X and Y w...

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