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What is the capital of B Dilim immediately after admission

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Question - Presented below are the account balances of Colorado Partnership as of June. 30, 2008:

Cash P75,000

Liabilities P80,000

Receivables 50,000

O. Liwanag, Capital 172,000

Inventory 120,000

B. Dilim, Capital 156,000

Other assets 255,000

C. Espiritu, Capital 92,000

Liwanag, Dilim and Espiritu share profits and losses in the ratio 4:3:3, respectively. Emmanuel is admitted in the partnership by purchasing 25% interest of the partnership for a total of P 115,000. Other assets are adjusted upon admission of Emmanuel. What is the capital of B. Dilim immediately after admission of Emmanuel?

Reference no: EM132576246

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