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Question 37 37.A and B are partners who share profits and losses in the ratio of 6:4, respectively. On May 1, 2021, their capital
Question 37 37.A and B are partners who share profits and losses in the ratio of 6:4, respectively. On May 1, 2021, their capital accounts were as follows: Partner A P 60,000 Partner B 50,000 1 pts On that date, C was admitted as partner with one-third interest in capital, and profits for an investment of P40,000. The new partnership began with total capital of P150,000. Immediately after C's admission, how much is A's capital?
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