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Linoone and Lotad agreed to form a partnership. They had agreed that the initial capital will be P300,000 and capital ratio of 25:75 will be
Linoone and Lotad agreed to form a partnership. They had agreed that the initial capital will be P300,000 and capital ratio of 25:75 will be for the interest of Linoone and Lotad, respectively.Linoone contributed P100,000 cash while Lotad contributed P200,000 cash. Which partner should provide additional investment(withdrawals) in order to bring the partners' capital credit equal to their respective interest in the equity of the partnership? Linoone shall provide additional capital of P25,000 Lotad shall withdraw capital of P25,000 Lotad shall make an additional investment of P25,000 No additional contribution or withdrawals shall be made
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