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The following information will be used for Question nos. 16 and 17 Overgrow and Torrent share profits and losses equally. Overgrow and Torrent receive salary

The following information will be used for Question nos. 16 and 17 Overgrow and Torrent share profits and losses equally. Overgrow and Torrent receive salary allowances of P20,000 and P30,000, respect...

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