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How much is the total loss on realization for bench

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Reference no: EM132946072

Problem 1: Jag, Lee and Bench are partners having the following capital balances of P 11,200, P13,000 and P5,800 respectively. Profits and losses are shared 4:2:1. How much is the total loss on realization?

a. P27,900
b. P30,000
c. P1,200
d. P2,100

Reference no: EM132946072

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