10:43 l l? 53.0 66 KB/S + p3.png On March 15, 2014, X, Y, and Z formed a partnership. X contributed cash of P75,000. Y contributed property with carrying cost of P54,000 (Fair value of P120,000). The...

10:43 l l? 53.0<br>66<br>KB/S<br>+ p3.png<br>On March 15, 2014, X, Y, and Z formed a partnership. X contributed cash of P75,000. Y contributed<br>property with carrying cost of P54,000 (Fair value of P120,000). The firm assumed the P50,000 mortgage<br>attached to the property. Z contributed equipment (CA=P45,000, Original cost of, P112,500 and fair<br>value of, P82,500). The total capital of the partnership on March 15, 2014 is?<br>

Extracted text: 10:43 l l? 53.0 66 KB/S + p3.png On March 15, 2014, X, Y, and Z formed a partnership. X contributed cash of P75,000. Y contributed property with carrying cost of P54,000 (Fair value of P120,000). The firm assumed the P50,000 mortgage attached to the property. Z contributed equipment (CA=P45,000, Original cost of, P112,500 and fair value of, P82,500). The total capital of the partnership on March 15, 2014 is?

Jun 11, 2022

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10:43 l l? 53.0 66 KB/S + p3.png On March 15, 2014, X, Y, and Z formed a partnership. X contributed cash of P75,000. Y contributed property with carrying cost of P54,000 (Fair value of P120,000). The...

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