Gigi and Hiedy are partners with P/L ratio of 40:60. Their capital balances are P 75,000 and P 90,000, respectively before liquidation. Using a cash priority program, compute the amount to be received...


Gigi and Hiedy are partners with P/L ratio of 40:60. Their capital balances are P 75,000 and P 90,000, respectively before liquidation. Using a cash priority program, compute the amount to be received by Partner Heidi assuming that cash available is P 25,000.



Jun 10, 2022
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