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b. P20,400 d. P18,200 Ex. Partners L.Javier and D.Manaloto formed a partnership on January 1, 2012 and agreed to share profits equally. Net income of

b. P20,400 d. P18,200 Ex. Partners L.Javier and D.Manaloto formed a partnership on January 1, 2012 and agreed to share profits equally. Net income of P55.000 and P70,000 were reflected in the income s...

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