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What will be verde capital balance

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Q1. What will be Verde's capital balance if Teruel gets a 540,000 salary, Verde gets a 210,000 salary, and Zuloaga gets a 10% interest on his beginning balance with the remainder being divided at a 2:2:1 ration, respectively?

Q2. Partners Teruel, Verde and Zuloaga have capital balances in a partnership of P450,000, P300,000 and P600,000 respectively. Loss for the year was P990,000. What will be the capital balance for Verde if the three partners store profit and losers at a 4:3:3 ratio, respectively?

Reference no: EM133188090

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