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. D and E are partners who share profits * 2p and losses in the ratio of 7:3 respectively. Their capital balances are D- P60,000
. D and E are partners who share profits * 2p and losses in the ratio of 7:3 respectively. Their capital balances are D- P60,000 and E- P40,000. F is admitted by purchasing directly 1/4 of D and E's...
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Accounting What the Numbers Mean
Authors: David H. Marshall, Wayne W. McManus, Daniel F. Viele,
9th Edition
978-0-07-76261, 0-07-762611-7, 9780078025297, 978-0073527062
