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What are the capital balances of C, P, and A? this is the right photo, sorry C, P and A are sole proprietors looking to
What are the capital balances of C, P, and A?
this is the right photo, sorry
C, P and A are sole proprietors looking to form a new partnership. Cis to contribute cash of P150,000 and his delivery vehicle orginally bought at P160,000 but has a second hand value of P100,000. P is to contribute cash amounting to P200,000 and furniture worth P40,000 but was only acquired by P for P36,000 Partner A, whose family business is to sell computers contributed cash of P80,000 and computers and printers with a regular price of P160,000 but with a cost of P140,000 CPA Partnership stipulates their Pand L ratio to be 3:23 Step by Step Solution
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