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Distribution of Profit or Losses Based on Partners Agreement Jamili and Sala divide partnership profits and losses solely on the basis of their average capital
Distribution of Profit or Losses Based on Partners Agreement Jamili and Sala divide partnership profits and losses solely on the basis of their average capital balance. Jamili had P275,000 invested during all of 2021; Sala had P200,000 invested form January 1 to August 31, and he invested another P75,000 on September 1. If profit was P800,000 during 2010, how much should each partner receive?
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