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Business, 02.02.2021 19:00 elijahproctor36

Black and Pearl have shared profits and losses equally. Immediately before final cash disbursement in the liquidation of their partnership, the book showed: Cash = Liabilities + Black, Capital + Pearl, Capital P100,000 P0 P60,000 P40,000 How much cash should Black receive? a. P40,000 c. P60,000 b. P50,000 d. P100,000

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Black and Pearl have shared profits and losses equally. Immediately before final cash disbursement i...

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