A and B formed a 60:40 capital interest in AB Partnership with the following contribution: A B Land P1,000,000 - Building - P 800,000 Mortgage - 50,000 They agreed that the land will be valued at P1,500,000 and the mortgage will be assumed by the partnership. Part of the agreement also provided that the building already reflects its fair value. Assuming A is the base, how much should B contribute or (withdraw) to be in accordance with their capital interest? 133,333 250,000 200,000 (P83,333) Assuming B is the base, how much should A contribute or (withdraw) to be in accordance with their capital interest?(P300,000) (P375,000) 200,000 125,00
A and B formed a 60:40 capital interest in AB
A B
Land P1,000,000 -
Building - P 800,000
Mortgage - 50,000
They agreed that the land will be valued at P1,500,000 and the mortgage will be assumed by the partnership. Part of the agreement also provided that the building already reflects its fair value.
Assuming A is the base, how much should B contribute or (withdraw) to be in accordance with their capital interest?
133,333
250,000
200,000
(P83,333)
Assuming B is the base, how much should A contribute or (withdraw) to be in accordance with their capital interest?(P300,000)
(P375,000)
200,000
125,000
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