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D Question 38 38.The following information pertains to ABC Partnership of A, B and C A. Capital (20%) P200,000 B. Capital (30%) 200,000 C.
D Question 38 38.The following information pertains to ABC Partnership of A, B and C A. Capital (20%) P200,000 B. Capital (30%) 200,000 C. Capital (50%) 300,000 1 pts On this date, the partners agreed to admit D into the partnership. Assuming D purchased 50% from all the partners A, B, and C and pays total amount of P500,000. How much would be the personal gain of Partner A for selling his 50% interest to D?
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Fundamental Accounting Principles Volume II
Authors: Larson Kermit, Jensen Tilly
14th Canadian Edition
71051570, 0-07-105150-3, 978-0071051576, 978-0-07-10515, 978-1259066511
