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(3. Heidi and Ingrid are partners agreeing to allow monthly salaries (P15,000 and 1310.000, respectively}, 6% interest on the capital investment at the beginning of

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(3. Heidi and Ingrid are partners agreeing to allow monthly salaries (P15,000 and 1310.000, respectively}, 6% interest on the capital investment at the beginning of the year (P650,000 and P350,000, respectively). The remaining prot is to be shared equally. Partnership operations during the rst year resulted in a prot of 9350,000. 13.What would be the respective shares of Heidi and lngricl in this prot? H. Margot and Lance formed a partnership on january 1, 2013 with Margot contributing $130,000 cash and Lance contributing equipment with a book value of F76,000 and a fair value of P32,000. During 2013, Lance made additional investments of P16,000 on March 31 and P16,000 on June 1, and on August 31, he withdrew P40,000. Margot made neither additional investments nor withdrawals during the year. 14.What is the average monthly capital of Lance for the year 2013? l. Arman, Bernard and Cyrii are partners with average capital balances in 2013 of F240,000, P120,000, and F80,000, respectively. Partners receive 10% interest on their average capital balances. Salaries allowed to Arman and Cyril are P60,000 and P40,000, respectively; the balance of the prot is to be divided equally. In 2013, the partnership sustained a P66,000 loss before interest and salaries to partners. 15.How much is the share of Cyril in the loss

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