Question
On December 1, Deana and Inan formed a partnership agreeing to share profits and losses in the ratio of 2:3, respectively. Deana invested a parcel
On December 1, Deana and Inan formed a partnership agreeing to share profits and losses in the ratio of 2:3, respectively. Deana invested a parcel of land that cost her 25,000. The land could be sold for P50,000. Inan invested 30,000 cash. How much should be the capital balance of Deana after formation? A. 25,000 B. 30,000 C. 60,000 D. 50,000
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Security And Loss Prevention An Introduction
Authors: Philip Purpura CPP Florence Darlington Technical College
7th Edition
0128117958, 9780128117958
