Learn the possible methods of dividing net income/loss to partners in partnership:

This video illustrates division of profits to partners according to the following independent cases:

- In the ratio of Average Capital Balances using the Peso Month/Peso Day Method
- In the ratio of Average Capital Balances using the Simple Average Method

Part 1: https://youtu.be/8FZpNqfMrsw

Reference: Volume 1 Advanced Accounting Principles and Procedural Applications by Mr. Pedro P. Guerrero and Mr. Jose F. Peralta

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