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How much is the expected total capital of the partnership

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Question 1 - Estephanie, Flordeliza, and Geralyn formed a partnership. Geralyn made a cash investment amounting to P80,000. Given this information, how much is the expected total capital of the partnership if they desire equal capital balances?

Question 2 - Heronimo, Ignacio, and Jordano formed a partnership and invested cash amounting to P 60.000, P 70,000 and P 80,000, respectively. Using the bonus method and assuming a capital ratio of 1:2:2 for Heronimo, Ignacio, and Jordano, respectively, how much bonus was given to Jordano?

Reference no: EM133111354

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