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Can you send me first the correct letter of the answer its my priority, then the solution later. Thank you! I'd really appreciate that. What
Can you send me first the correct letter of the answer its my priority, then the solution later. Thank you! I'd really appreciate that.
What amounts should be recorded as capital for Janus and Francis at the formation of the partnership * (1 Point) Janus and Francis drafted a partnership agreement that lists the following assets contributed at the partnership's formation: Janus Francis Cash P20,000 P30,000 Inventory P15,000 Building P40,000 Furniture & equipment 15,000 The building is subject to a mortgage of P10,000, which the partnership has assumed. The partnership agreement also specifies that profits and losses are to be distributed evenly. Janus-P 35,000; Francis - P 85,000 O Janus- P 35,000; Francis - P 75,000 Janus-P 55,000; Francis - P 55,000 O Janus-P 60,000; Francis - P 60,000Step by Step Solution
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