Alberto and Gregorio share profits and losses 30% and 70%, respectively. On June 1, 20xx the balance in Gregorio's capital account should be a. P 70,000. b. P 175,000. c. P 225,000. d. P 275,000. e. None of the above
Alberto and Gregorio share profits and losses 30% and 70%, respectively. On June 1, 20xx the balance in Gregorio's capital account should be a. P 70,000. b. P 175,000. c. P 225,000. d. P 275,000. e. None of the above
Chapter1: Financial Statements And Business Decisions
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