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Compute what is share in the partnership profit

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Problem 1: Partner Q had a beginning capital balance of P35,000 and made additional investments of P27,000 during the year. In the same year, Q made drawings of P5,000 per month. The post-closing capital balance of Q is P72,000. What is his share in the partnership profit?

a. P70,000
b. P15,000
c. P60,000
d. P72,000

Reference no: EM132767418

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