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At December 31, RR and SH are partners with capital balances of P40, 000 and P20, 000, and they share profits and losses in the

At December 31, RR and SH are partners with capital balances of P40, 000 and P20, 000, and they share profits and losses in the ratio of 2:1, respectively. On this date, PP invests P17, 000 in cash fo...

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