A is indebted to the partnership for P9,000. B is the managing partner and C is another partner, to whom A is also indebted for P3,000. A paid the P3,000 to C and C receipted the payment in his own name. Which is CORRECT? A is indebted to the partnership for P9,000. B is the managing partner and C is another partner, to whom A is also indebted for P3,000. A paid the P3,000 to C and C receipted the payment in his own name. Which is CORRECT? The payment of A is fully applied to the obligation to C The payment is fully applied to the obligation to the partnership. The payment of A shall be applied as follows:P750 to partnership's credit and P2,250 to C's credit The payment of A shall be applied as follows:P2,250 to partnership's credit and P750 to C's credit