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CABLES Trading, a partnership formed by Carlo and Jamie, have the following data in its books: Feb 28 Carlo, Capital P50,000 Jan 1 Balance. June
CABLES Trading, a partnership formed by Carlo and Jamie, have the following data in its books: Feb 28 Carlo, Capital P50,000 Jan 1 Balance. June 1 Oct 1 P300,000 20,000 75,000 P345,000 Jamic, Capital Aug 1 2,000 Jan 1 Balance P410,000 Nov 1 Dec 1 10,000 May 1 25,000 5,000 P418,000 Carlo, Drawing Jan 1-Dec 31 20,000 Jamie, Drawing Jan 1-Dec 31 30,000 Income Summary Dec 31 P750,000 How much is the peso month average capital of Carlo
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