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Don capital in new partnership

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The partnership of CAN and DON provides for 3:2 sharing in profits and losses. Prior to the admission of a third partner ESSAM, the capital accounts are: CAN, P120,000 and DON, P80,000. ESSAM invests P50,000 for a P75,000 interest and partners agreed the net assets of the new partnership would be P300,000.

How much DON's capital in the new partnership?

Reference no: EM133239528

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