3. Rueda, Castro and Pural have capital balances of P40,000, P50,000 and P18,000, respectively and a profit sharing ratio of 4:2:1, respectively. If Rueda received P8,000 upon liquidation, the total...


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3. Rueda, Castro and Pural have capital balances of P40,000, P50,000 and P18,000,<br>respectively and a profit sharing ratio of 4:2:1, respectively. If Rueda received<br>P8,000 upon liquidation, the total amount received by all the partners was:<br>a. P108,000<br>b. P56,000<br>C. P24,000<br>d. P52,000<br>4. Assume the same facts in No. 3 above except that Rueda received P26,000 as a<br>result of the liquidation, Pural received as part of the liquidation:<br>a. P26,000<br>b. P18,000<br>P14,500<br>d. P14,000<br>C.<br>

Extracted text: 3. Rueda, Castro and Pural have capital balances of P40,000, P50,000 and P18,000, respectively and a profit sharing ratio of 4:2:1, respectively. If Rueda received P8,000 upon liquidation, the total amount received by all the partners was: a. P108,000 b. P56,000 C. P24,000 d. P52,000 4. Assume the same facts in No. 3 above except that Rueda received P26,000 as a result of the liquidation, Pural received as part of the liquidation: a. P26,000 b. P18,000 P14,500 d. P14,000 C.

Jun 11, 2022
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