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Comprehensive Questions 1 & 2 are based on the following: Punzalan 2014 Roy and Gil are partners sharing profits and losses in the ratio of

Comprehensive Questions 1 & 2 are based on the following: Punzalan 2014 Roy and Gil are partners sharing profits and losses in the ratio of 1:2, respectively. On July 1, 2010, they decided to form...

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