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How much celso should receive from the cash

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Question - Business is unsatisfactory and the partners decide to dissolve. Dado is allowed special compensation of P25,000 for managing the sale of assets and settlement with creditors. On December 31, all assets have been sold, outside creditors have been paid, and cash of P350,000 is distributed to partners.

All partners are personally solvent and final settlement is made among partners on February 10, 2022. How much Celso should receive from the P350,000 cash?

Reference no: EM133090527

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