Question
Question 33 1 pts 33.On December 31, 2020, the Statement of Financial Position of ABC Partnership provided the following data with a profit or
Question 33 1 pts 33.On December 31, 2020, the Statement of Financial Position of ABC Partnership provided the following data with a profit or loss ratio of 1:6:3 Current asset Noncurrent asset P 2,600,000 4,000,000 Total liabilities A. Capital P 600,000 2,800,000 B. Capital 1,400,000 C. Capital 1,800,000 On January 1, 2021, D is admitted to the partnership by investing P2,000,000 to the partnership for 20% capital interest. What is the capital balance of C after the admission of D?
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