018, their capital balances were P498,750; P420,000; and P315,000 respectively. On January 1, 2019, the partners ddmitted Adriano as a new partner and according to their agreement Adriano will contribute P420,000 in cash to the artnership and also pay P52,500 for 15% of Sandy's share. Adriano will be given a 20% share in profits, while the riginal partners share will be proportionately the same as before. After admission of Adriano, the total capital will be 1,732,500 and Adriano's capital will be P367,500. ow much is the amount of asset revaluation? A. P78,750 B. P36,750 C. P115,500 D. P194,250 ow much is the bonus in the admission of Adriano? A. P115,500 B. P57,750 C. P63,000 D. P34,650 roblem C. Patrice, Bella and Timmy were partners with capital balances on January 2, 2018 of P175,000; 262,500 and P350,000, respectively. Their profit ratio is 5:3:2 while their capital interest ratio is 4:4:2. On July 1, 018, Jade was admitted by the partnership for 20% interest in capital and 25% in profits by contributing P43,750 ash, and the old partners agree to bring their interest to their old capital and profit interest sharing ratio. The artnership had net income of P105,000 before admission of Jade and the partners agree to revalue its overvalued quipment by P17,500. How much is the he capital balance of Patrice after admission of Jade? A. P148,750 B. P294,000 C. P177,100 D. P235,200