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How much of a bonus is received by Richardson

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Question - Richardson, Peterson and Wilson are forming a partnership. The partners contribute cash and non cash assets valued at P30,000, P50,000 and P25,000 respectively. The partners choose to apply the bonus method where applicable. If the partners agree to establish equal capital account balance when the partnership is formed, how much of a bonus is received by Richardson?

Reference no: EM132956065

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