Question

if capital balance of A and B are 25000 and 20000 respectively and C is admitted for one third of the total capital of the firm what will be the amount of c capital?​

Answer 1

Answer:

15000

Explanation:

total capital of firm = sum of capital of both existing partners

=20000+25000

=45000

now

c's capital = 1/3 of 45000

=15000