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A and B partners in AB partnership with capital balances of KD 80,000 and KD 75,000, respectively. The income distribution ratio between A and B
A and B partners in AB partnership with capital balances of KD 80,000 and KD 75,000, respectively. The income distribution ratio between A and B is 2:3. C agreed to pay KD 20,000 to each of A and B for 15% of their interest in the partnership. The capital of partner A after admission of C is:
Select one:
a. KD 68,000
b. KD 64,000
c. Another amount
d. KD 63,750
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