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What is the acceptable reason when the amount credited

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Question 1: Under the generally accepted accounting principles in the Philippines, what is the acceptable reason when the amount credited to a partner is greater than the amount actually contributed by such partner during partnership formation?

Reference no: EM132581567

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What is the acceptable reason when the amount credited : What is the acceptable reason when the amount credited to a partner is greater than the amount actually contributed by such partner during partnership formation
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