A B Cash P 100,000 P 200,000 Account Receivables 50,000 70,000 Notes Receivables 5,000 Merchandise Inventory 60,000 40,000 Prepaid Expenses 2,000 Property, Plant and Equipment 40,000 Total P252,000 P 310,000 Accrued Expenses P 2,000 2,000 Accounts Payable 50,000 8,000 A, Capital 200,000 B, Capital 300.000 Total P 252,000 P 310,000 The partners agreed that the following accounts will be adjusted: 1. Merchandise inventory should be 40% obsolete. 2. Prepaid expenses should be written off 3. Property, Plant and Equipment should be depreciated by 40% 4. The note receivable is a 5% note received on December 16,2020. 5. The accrued expense and accounts payable are to be assumed by the partnership 6. The capital of Mr. A should be 75% bigger than Mr. B Based on the above data, answer the following: 13. How much is the adjusted balance of the Merchandise inventory 14. How much is the adjusted balance of the property, pant and equipment 15. How much is the balance of the payables 16. how much is the adjusted capital of Mr. A? 17. How much is the adjusted balance of Mr. B? 18. How much is the adjusted assets of the partners? 19. Journalize the transactions. 20. Provide the new account balances