1.A and B formed a partnership. The partnership agreement stipulates the following:

Annual salary allowance of P80,000 for A and P40,000 for B.

The Partners share in profits and losses equally.

The partnership earned profit of 100,000. How much is the share of B?

A.70,000

B.30,000

C.48,000

D.52,000

2.A and B formed a partnership. The partnership agreement stipulates the following:

Annual salary allowances of P 100,000 for A and P 40,000 for B

Bonus to A of 10% of the profit after partner's salaries but before bonus

The partners share profit and losses on a 60:40 ratio.

During the period the partnership incurred a loss of P 20,000 before deduction for salaries. By what amount did B's Capital amount change?

A. Increased by P12,000

B. Decreased by P12,000

C. Increased by P32,000

D. Decreased by P32,000

3.A and B formed a partnership. The partnership agreement stipulates the following:

Annual salary allowance ofP10,000 for A and P40,000 for B.

Bonus to A of 10% of the profit after partner's salaries but before bonus and interest.

Interest of 12% on the beginning capital balance of B.

The partners share profits and losses on a 60:40 ratio.

During the period the partnership earned profit of P200,000 before deduction for salaries. B beginning capital balance was P60,000 how much is the share of A in the profits?

a.101,680

b.98,320

c.110,820

d.96,720

4.A and B formed a partnership. The partnership agreement stipulates the following:

First A shall receive 2% of profit up to P200,000 and 5% over P200,000

Second, B shall receive 1% of the remaining profit over 200,000

Any remainder shall be shared equally.

During the year, the partnership earned profit of P500,000

How much is the share of A in the profit?

A. 258,095

B.268,885

C. 241,095

D. 241,905