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What amount yap be allowed to withdraw from partnership

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Problem 1: Partners Yap, Baro, and Cuenca share profits and losses in a 5:3:2 ratio, respectively. Yap wishes to leave the partnership, so the assets are revalued and are found to be overvalued by P60,000. If each partner had a capital balance of P200,000 prior to Yap's notification of withdrawal, what amount should Yap be allowed to withdraw from the partnership?

A. P230,000      ?????C. P170,000
B. P180,000      ?????D. P140,000

Reference no: EM132893466

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