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On January 1, 2020, Entity X, a public entity, and Entity Y, a public entity, incorporated Entity Z by investing P3,000,000 and P2,000,000 for capital

On January 1, 2020, Entity X, a public entity, and Entity Y, a public entity, incorporated Entity Z by investing P3,000,000 and P2,000,000 for capital interest ratio of 60:40. The contractual agreeme...

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