Daniel & Dave formed a partnership on August $1,2016.$ Daniel will be investing his existing

business into the partnership. The unadjusted trial balance Daniel showed the following balances

as of July $30,2016$:

a$.$ Daniel has Merchandise inventory end of $P96,000$

b$.$ Allowance for Bad Debts should be P$5,000$

c$.$ The market value of the furniture is $P32,000$

d$.$ Accrued Utilities expense of $P7,000$ should be set up

e$.$ Salaries Payable of $P3,000$ should be set up

f$.$ Dave will contribute $P267,500$ for $60\%$ interest in the partnership

How much is the unadjusted capital of Daniel?

How much is the goodwill, if any?

How much is the Total contributed capital?

Total asset of the partnership?