E. Interest at the rate of 8% allowed on original investments and the remainder divided in the ratio of 2:3. d. Salary allowances of P50,000 and P70,000, respectively, and the balance to be divided equally e. Allowance of interest at the rate of 8% on inal investments, salary allowances P50,000 and P70,000, respectively, and the remainder to be divided equally
E. Interest at the rate of 8% allowed on original investments and the remainder divided in the ratio of 2:3. d. Salary allowances of P50,000 and P70,000, respectively, and the balance to be divided equally e. Allowance of interest at the rate of 8% on inal investments, salary allowances P50,000 and P70,000, respectively, and the remainder to be divided equally
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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PROFESSOR
Rules for the Distribution of
Elisa Diar and Ma. Concepcion Manalo formed a
E. Interest at the rate of 8% allowed on original investments and the remainder divided in the ratio of 2:3.
d. Salary allowances of P50,000 and P70,000, respectively, and the balance to be divided equally
e. Allowance of interest at the rate of 8% on inal investments, salary allowances P50,000 and P70,000, respectively, and the remainder to be divided equally
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