Andi, Berri and Cori are partners sharing profit and loss in the ratio 3:5:2. Capital balances before the admission of D
Posted: Mon May 30, 2022 8:09 am
Andi, Berri and Cori are partners sharing profit and loss in the
ratio 3:5:2. Capital balances before the admission of Dani were
P80,000, P100,000 and P120,000 respectively. Assuming Dani is to
invest P300,000 in the new partners’ capitalization of P600,000,
but would be credited for P290,000, after the admission, Andi would
have a capital balance of ____________.
ratio 3:5:2. Capital balances before the admission of Dani were
P80,000, P100,000 and P120,000 respectively. Assuming Dani is to
invest P300,000 in the new partners’ capitalization of P600,000,
but would be credited for P290,000, after the admission, Andi would
have a capital balance of ____________.