Calculate the As capital balance after the C withdrawal

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Question - Long-term partners, A, B, and C have capital balances of P60,000, P45,000 and P30,000, respectively. They share in profits and losses 5:3:2, respectively. All assets are valued fairly. C decides to retire from the partnership. C sells the interest to the partnership for P25,000; bonus method is used. Calculate the A's capital balance after the C withdrawal.

A. 60,000

B. 63,125

C. 62,500

D. 46,875

Reference no: EM133104451

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