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LAM, KO and TO share profits and losses as follows: LAM 20%, KO 30%, and TO 50%. The partnership's Statement of Financial Position as of

LAM, KO and TO share profits and losses as follows: LAM 20%, KO 30%, and TO 50%. The partnership's Statement of Financial Position as of December 31, 2020 is presented below: Cash - P410,400; Noncash ...

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