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Silverio, Domingo, Reyes, and Pastor are partners, sharing earnings in the ratio of 3/21,4/21,6/21 and 8/21, respectively. The balances of their capital accounts on Decem
Silverio, Domingo, Reyes, and Pastor are partners, sharing earnings in the ratio of 3/21,4/21,6/21 and 8/21, respectively. The balances of their capital accounts on Decem 31,2011 are as follows: Silverio P 1 Domingo 25 Reyes 25 Pastor P60 The partners decide to liquidate, and they accordingly convert the noncash assets into P of cash. After paying the liabilities amounting to P3.000, they have P22,200 to divide. A that a debit balance in any partner's capital is uncollectible. After the P22,200 was divided, the capital balance of Domingo was: a. 3,200 C. 4,500 b. 3,920 d. 17,800 Dayag
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