Perez and Daganta are partners who share profts have capital balances of P750,000 and P1,500,000, respectively. The partne agreed to admit Barros to the partnership. Barros invested P750,000 for a 35 interest in the partnership. The new total capital balance after admitting Barros P3,000,000, Daganta's capital balance after Barros is admitted is and a. P1,600,000. b: P1,500,000. . P1,400,000, d. P1,350,000.

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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What is Dagana's capital balance after Barros' admission?

Perez and Daganta are partners who share profits and losses in a ratio of 2:1 and
have capital balances of P750,000 and P1,500,000, respectively. The partne
agreed to admit Barros to the partnership. Barros invested P750,000 for a 35
interest in the partnership. The new total capital balance after admitting Barros
P3,000,000, Daganta's capital balance after Barros is admitted is
a. P1,600,000.
b. P1,500,000,
P1,400,000,
d. P1,350,000.
C.
Transcribed Image Text:Perez and Daganta are partners who share profits and losses in a ratio of 2:1 and have capital balances of P750,000 and P1,500,000, respectively. The partne agreed to admit Barros to the partnership. Barros invested P750,000 for a 35 interest in the partnership. The new total capital balance after admitting Barros P3,000,000, Daganta's capital balance after Barros is admitted is a. P1,600,000. b. P1,500,000, P1,400,000, d. P1,350,000. C.
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