D. On July 31,2019, DEF partnership shows that I}, E and F have capital balances of 500,000, 300,000 and 200.000 with prot or loss ratio of 1:3:6. The total partnership capital after realization of noncash assets increased by P 200,000. Before liquidation, the partnership has P 150,000 of total liabilities. From the total partnership liabilities, it includes a payable to F of P 30,000. All partners are personally solvent. P. On December 31,2019, ACT Partnership decided to liquidate its business. On this date, A,C and T have capital balances of P 300.000, P 250,000, P 120,000 and share profits and losses In the ratio of 5:2:3. Below it shows the personal assets and personal liabilities of each partners: A - personal assets = P 100.000 ; personal liabilities = P 50,000 C personal assets = P 50,000 ; personal liabilities = P 50,000 T- personal assets = P 50,000 ; personal liabilities = P T3000 Before liquidation, the partnership has total liabilities of P 330,000 which includes a parable of P 30,000 to T and the nancash assets has a book value of P 360,000. The amount of proceeds received from the liquidation of assets is P 200,000 which is already.r net of liquidation expenses of P 30,000