BE 6 Andy and William form a partnership by combining the assets of their separate bu Andy contributes accounts receivable with a face amount of P50,000 and equipment with P180,000 and accumulated depreciation of P100,000. The partners agree that the equip be priced at P70,000, that P2,500 of the accounts receivable are completely worthless an to be accented by the partnershin and that P1 600 is a reasonable allowance for the uned