Bench, Federico, Dana, Toby, and Dior formed Techy Bees Business Consultancy LTD. They all contributed 50,000.00 to the partnership, except for Bench who is an industrial partner. The partners agreed to divide the profit equally among themselves.

Techy Bees Business Consultancy LTD is indebted to Federico, a limited partner, amounting to 100,000.00. On December 31, 2021, the partners decided to dissolve and liquidate the partnership which has a gross capital amounting to P500,000.00.


QUESTION:
1) How much can Dior get from the partnership after liquidation?

Answer rating: 100% (QA)

The process of shutting down a company or organization and liquidating all of its assets in order to ... View the full answer