EXERCISE 3 Arable, Babble and Cradle formed ABC Company with the following initial capital investments Arable P100,000 00 Babble P200,000 00 Cradle P300,000,00 Compute the share in profits and losses where there is no agreement in the sharing The company suffered a net loss of P780,000

Question

EXERCISE 3 Arable, Babble and Cradle formed ABC Company with the following initial capital investments  Arable P100,000 00 Babble P200,000 00 Cradle P300,000,00 Compute the share in profits and losses where there is no agreement in the sharing  The company suffered a net loss of P780,000

Accepted Answer

To compute the share in profits and losses for each partner when there is no agreement in the sharin...

Question

EXERCISE 3 Arable, Babble and Cradle formed ABC Company with the following initial capital investments: Arable P100,000.00 Babble P200,000.00 Cradle P300,000,00 Compute the share

EXERCISE 3 Arable, Babble and Cradle formed ABC Company with the following initial capital investments: Arable P100,000.00 Babble P200,000.00 Cradle P300,000,00 Compute the share in profits and losses where there is no agreement in the sharing. The company suffered a net loss of P780,000.

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