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Mr. Linao donated the following properties: To Lyka, a legitimate daughter, on account of marriage, land with a fair market value of Php 200, 000
Mr. Linao donated the following properties: To Lyka, a legitimate daughter, on account of marriage, land with a fair market value of Php 200, 000 but subject to a mortgage of Php 25, 000 which is paid by Mr. Linao. To Santino, a legitimate son, on account of marriage, cash of Php 50, 000. How much are the net gifts made?
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Intermediate Accounting Reporting and Analysis
Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach
1st edition
1111822360, 978-1337116619, 1337116610, 978-1111822378, 1111822379, 978-1111822361
