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Carl, Decker and Easton formed a partnership on July 1, 2014, each partner investing P250,000. On August 1, 2014, Carl was advanced P100,000 by the

Carl, Decker and Easton formed a partnership on July 1, 2014, each partner investing P250,000. On August 1, 2014, Carl was advanced P100,000 by the firm. On September 1, 2014, Decker made a loan to th...

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