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How much is the capital balance of see mi

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Problem 1: Kent Yu and See Mi, with capital balance of P 700,000 and P 800,000 respectively divide profits and losses in their capital ratio. Ai Kent purchases ¼ of the interest of Kent Yu for P 300,000. After the admission of Ai Kent, how much is the capital balance of See Mi?

Reference no: EM132964498

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