Z decided to withdraw from the partnership, his share in the partnership is 20%. Upon withdrawal, he was paid P88,000. The total partner's capital before the withdrawal was P252,000. If the total capital of the partnership after withdrawal was P192,000 excluding the revaluation gain recognized, how much is the total revaluation gain?

Z decided to withdraw from the partnership, his share in the partnership is 20%. Upon withdrawal, he was paid P88,000. The total partner's capital before the withdrawal was P252,000. If the total capital of the partnership after withdrawal was P192,000 excluding the revaluation gain recognized, how much is the total revaluation gain?

SWFT Comprehensive Volume 2019

42nd Edition

ISBN:9780357233306

Author:Maloney

Publisher:Maloney

Chapter11: Investor Losses

Section: Chapter Questions

Problem 34P

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