PROBLEM 1-14 GREG, HARRIS AND IVAN PARTNERSHIP

Greg Harris Ivan

₱
Jan. 1 ₱ 200,000.00 ₱ 300,000.00 250,000.00

Mar. 1 41,666.67 - -

Apr. 1 7,500.00 15,000.00 -

-
May 1 - - 6,666.67

Aug. 1 - 2,916.67 4,166.67 -

1,250.
Oct. 1 1,250.00 1,000.00 00
416.
Dec. 1 - - 67
Weighted Average ₱
Capital ₱ 247,500.00 ₱ 320,166.67 245,000.00
Interest Rate 8% 8% 8%
₱
Interest ₱ 19,800.00 ₱ 25,613.33 19,600.00