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3.On December 1 2017. Jun and Rey formed a partnership agreeing to share for profits and losses in the ratio of 2:3, respectively. Jun invested
3.On December 1 2017. Jun and Rey formed a partnership agreeing to share for profits and losses in the ratio of 2:3, respectively. Jun invested a parcel of land that cost him 25,000, Rey invested 30,000 cash. The land was sold for 50,000 on the same date, three hours after formation of the partnership. How much should be the capital balanced of Jun right after formation?
a. 30,000
b. 25,000
c. 55,000
d. 50,000
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