Compute what amount should a capital account change

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Problem 1: A, B and C are partners with average capital balances during 2019 of Php 360,000, Php 180,000 and Php 120,000, respectively. Partners receive 10% interest on their average capital balances. After deducting salaries of Php 90,000 to A and Php 60,000 to C the residual profit or loss is divided equally. In 2015 the partnership sustained a Php 99,000 loss before interest and salaries to partners. By what amount should A's capital account change?

a. Php 21,000 increase

b. Php 105,000 decrease

c. Php 33,000 decrease

d. Php 126,000 increase

Reference no: EM132743784

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