Solution-Compute how much is the share of b

Compute how much is the share of b

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Reference no: EM132772340

A and B formed a partnership. The partnership agreement stipulates the following:

Annual salary allowance of P80,000 for A and P40,000 for B.
The Partners share in profits and losses equally.

Problem 1: The partnership earned profit of 100,000. How much is the share of B?

A.70,000
B.30,000
C.48,000
D.52,000

Reference no: EM132772340

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Compute how much is the share of b

Reference no: EM132772340

Reference no: EM132772340

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Accounting Basics Questions & Answers

How much control does fed have over this longer real rate

Coures:- fundamental accounting principles

Accounting problems

Theory of interest - term structure of interest rates

Write a report on internal controls

Prepare the bank reconciliation for company

Cost-benefit analysis

Theory of interest

Liquidity and profitability

What is the expected risk premium on the portfolio

Simple interest and compound interest

Capm and venture capital

Assured A++ Grade

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