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  3. 1. the economic resources of a business amount to

1. The economic resources of a business amount to P1,600,000 and its economic obligations amount...

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Accounting

1. The economic resources of a business amount to P1,600,000 and its economic obligations amount to P788,000, what would be its residual interest?

2. If the economic obligations of a business amount to P160,000 and its residual interest amounts to P264,000, what would be the amount of the economic resources of the business?

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