2) The partners, X and Y, share profits 3 2 However, X is to receive a yearly bonus of 20 of the profits, in addition to his profit share The partnership made a net income for the year of P96,000 before the bonus Assuming X's bonus is computed on profit after deducting said bonus, how much profit ...

2) The partners, X and Y, share profits 3:2. However, X is to receive a yearly...

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2) The partners, X and Y, share profits 3:2. However, X is to receive a yearly...

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Advanced Accounting

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