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What is the ending balance of bj after the distribution

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Question - The partnership agreement among Aj, Bj and Cj provides for 8% interest on capital, a salary for BJ of P80,000 per year, and any remaining profit is to be divided in the ratio 3:2:1. The profit for 2021 was P480,000 and the year-end balances on partners' capital accounts are P200,000; P150,000; and P150,000, respectively. What is the ending balance of Bj after the distribution of profit?

Reference no: EM133135703

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