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4. Evelyn and Lorie Ann are partners sharing profits and loss in the ratio 3:2 with capital balances of P60,000 and P20,000, respectively.They decided to
4. Evelyn and Lorie Ann are partners sharing profits and loss in the ratio 3:2 with capital balances of P60,000 and P20,000, respectively.They decided to form a new partnership with Vivian, who invested land acquired at P 12,000 but have a current value of P15,000, for a 20% capital interest in the new partnership.The partnership, named as LOVE Unlimited, elected to use the bonus method to record the admission of Vivian.Vivian's capital account should be credited for?
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