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Essmor CC was registered on 1 September 2019. The founding statement sets out the following: Required: Calculate the change in interest when N Ngobe is

Essmor CC was registered on 1 September 2019. The founding statement sets out the following:

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Required:

Calculate the change in interest when N Ngobe is admitted as a member. (All working out must be displayed)

Member name Member Member Member Gube Sidney Ngobe Membership interest before admission of N. Ngobe Change in interest Membership interest after admission of N. Ngobe Workings

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