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Perez and Daganta are partners who share profts have capital balances of P750,000 and P1,500,000, respectively. The partne agreed to admit Barros to the partnership. Barros invested P750,000 for a 35 interest in the partnership. The new total capital balance after admitting Barros P3,000,000, Daganta's capital balance after Barros is admitted is and a. P1,600,000. b: P1,500,000. . P1,400,000, d. P1,350,000.

Perez and Daganta are partners who share profts have capital balances of P750,000 and P1,500,000, respectively. The partne agreed to admit Barros to the partnership. Barros invested P750,000 for a 35 interest in the partnership. The new total capital balance after admitting Barros P3,000,000, Daganta's capital balance after Barros is admitted is and a. P1,600,000. b: P1,500,000. . P1,400,000, d. P1,350,000.

Principles of Accounting Volume 1
Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter15: Partnership Accounting
Section: Chapter Questions
Problem 3EA: The partnership of Tasha and Bill shares profits and losses in a 50:50 ratio, and the partners have...
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What is Dagana's capital balance after Barros' admission?

Perez and Daganta are partners who share profits and losses in a ratio of 2:1 and have capital balances of P750,000 and P1,500,000, respectively. The partne agreed to admit Barros to the partnership. Barros invested P750,000 for a 35 interest in the partnership. The new total capital balance after admitting Barros P3,000,000, Daganta's capital balance after Barros is admitted is a. P1,600,000. b. P1,500,000, P1,400,000, d. P1,350,000. C.
Transcribed Image Text:Perez and Daganta are partners who share profits and losses in a ratio of 2:1 and have capital balances of P750,000 and P1,500,000, respectively. The partne agreed to admit Barros to the partnership. Barros invested P750,000 for a 35 interest in the partnership. The new total capital balance after admitting Barros P3,000,000, Daganta's capital balance after Barros is admitted is a. P1,600,000. b. P1,500,000, P1,400,000, d. P1,350,000. C.
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