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How much will be the ending capital of pedro

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Question - Juan and Pedro has investments in the partnership totaling P120,000 and P80,000, respectively. By the end of the year, the partnership recorded a net income of P100,000. Pedro made a permanent withdrawal on August 1, 2022 amounting to P20,000. If income is based on the average capital ratio, how much will be the ending capital of Pedro?

Reference no: EM133105521

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