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What sunshine should receive credit to her capital balance

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Reference no: EM133004221

Question - Moonboots Partnership had a net income of P8,000 for the month ended September 30, 2021.  Sunshine purchased an interest in moonboots Partnership of Liz and Dick by paying Liz P32,000 for half of her capital and half of her 50% profit-sharing interest on October 1, 2021. At this time, Liz's capital balance was P24,000 and Dick's capital balance was P56,000. What the Sunshine should receive a credit to her capital balance?

Reference no: EM133004221

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