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How much capital balance of ricci after admission of coach

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Reference no: EM132815114

Problem 1: Nina, Ricci and Ralph are partners with capital balances of P 90,000, P 50,000 and P 60,000 respectively. Coach is admitted into the partnership with a one-fourth interest upon investing P 80,000. if the old partners share profits and losses in the ratio of 2:2:1. Using the bonus method, how much is the capital balance of Ricci after the admission of Coach?

Problem 2: how much is the capital balance of Ralph after the admission of Coach?

Problem 3: how much is the capital balance of Nina after the admission of Coach

Reference no: EM132815114

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