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28. Shem, Ham and Japhet are partners dividing profit and losses of the partnership in the agreed ratio of 1:2:3. The following are the ledger
28. Shem, Ham and Japhet are partners dividing profit and losses of the partnership in the agreed ratio of 1:2:3. The following are the ledger balances at the start of liquidation: (See attached picture) If Japhet received P25,000 in the 1st cash distribution, how much did Shem receive? O P30,000 P38,333 O P46,667 O P88,500
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