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Question - Carla, Carmina, and Cora are in the process of liquidating their partnership and their account balances as of October 1, 2021 are as follows:
Cash P30,000
Noncash assets 70,000
Carmina, Loan 14,000
Carla, Capital 10,000
Carmina, Capital 35,000
Cora, Capital 41,000
The profit and loss sharing has been 4:3:3,
For Carla to receive P12,000, how much should be the noncash assets be sold for?
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