Aira's interest in the partnership is P112,000. Ella buys Aira's interest for P120,000. How much is the
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Question:
Aira's interest in the partnership is P112,000. Ella buys Aira's interest for P120,000. How much is the capital balance of Ella after the purchase.
a.) P120,000
b.) P172,000
c.) P232,000
d.) P112,000
Related Book For
Advanced Financial Accounting
ISBN: 978-0078025624
10th edition
Authors: Theodore E. Christensen, David M. Cottrell, Richard E. Baker
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