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As of December 31, 2021, the books of Ton Partnership showed capital balances of: T, P40,000; O, P25,000; N, P5,000. The partners' profit and loss
As of December 31, 2021, the books of Ton Partnership showed capital balances of: T, P40,000; O, P25,000; N, P5,000. The partners' profit and loss ratio was 3:2:1, respectively. The partners decided t...
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