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How much is the capital of Dany after admission of Del

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Question - Dany, Donie, and Denis are partners with capital balances of P230,000, P250,000 and P220,000 respectively. During the year their partnership generated a gross revenue of P180,000 and incurred a total expenses of P30,000. They agreed to share profitsand losses in the following ratio: Dany  4/8; Donie 2/8, and Dennis 2/8. With the consentof all partners, Del is admitted as a new partner into the partnership with 20%interest upon investment of P200,000. How much is the capital of Dany after admission of Del?

Reference no: EM132837977

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