Answer:
The answer is $37,800
Explanation:
Franco and Jason share profit and loss in the ratio 2:1.
2 is for Franco and 1 is for Jason.
The addition of the two ratios is 3.
Jason's capital account will be his salary minus his share from the loss.
Jason's share from the loss is:
1/3 x $15,300
=$5,100
Jason's salary is $42,900
Therefore, Jason's capital account will increase by:
$42,900 - $5,100
$37,800
