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A, B, C, and D are partners, sharing earnings in the ratio of 3:4:6:8. Capital balances are as follows A = 3,000 B =
A, B, C, and D are partners, sharing earnings in the ratio of 3:4:6:8. Capital balances are as follows A = 3,000 B = 75,000 C = 75,000 D = 27,000 The partners decided to liquidate, and they accordingly convert the non-cash assets into P69,000 cash. After paying the liabilities amounting to P9,000, they have P66,600 to divide. Assume all partners are insolvent. How much will C receive? 53,400 24,960 42,600 41,640
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