ABC partners, whose total capital balance was P400,000, decided to admit D who invested P100,000 for a

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ABC partners, whose total capital balance was P400,000, decided to admit D who invested P100,000 for a 25% interest in a partnership.

This will result to a
no bonus nor revaluation
Bonus to A, B, and C
Revaluation of assets
Bonus to D

Related Book For answer-question

Linear Algebra and Its Applications

ISBN: 978-0321791542

4th edition

Authors: David C. Lay

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Posted Date: Mar 02, 2022 05:20 AM

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ABC partners, whose total capital balance was P400,000, decided to admit D who invested P100,000 for a

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When partner is admitted into the partnership any existing rese... View the full answer

Linear Algebra and Its Applications

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