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The Walter Partnership shows the following profit and loss ratios and capital balances, Terra (60%). P252,000; Naldrin (30%). P126,000 and Philip (10%). P42.000, The partner:

The Walter Partnership shows the following profit and loss ratios and capital balances, Terra (60%). P252,000; Naldrin (30%). P126,000 and Philip (10%). P42.000, The partner: decided to sell to Benjie...

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