Homework Help:

Hello, need help answering the attached exercises related to partnership. Please provide solutions and detailed explanations.

Exercise 4-4.8 Partner's P and Q has capital balances of P358,500 and P300,OOO respectively before admitting R. p and Q share profits and losses in the ratio 6:4. R paid P225,ooo in exchange for interest in the partnership as well as the profits and losses. 1. How much is the capital of partner P after admission of R? 2. How much is debited from the capital of partner Q upon R's admission? Exercise 4-4.8 Rocker and Willow are partners with capital balances of P30,000 and P 70,000 ,respectively. Rocker has a 30% interest in profits and losses. At this time, the partnership has decided to admit Rod and Marie as new partners. Rod contributes cash of P55,000 for a 20% interest in capital and a 30% interest in profits and losses. Marie contributes cash Of PIO,OOO and an equipment for a 25% interest in capital and 35% interest in profits and losses. If bonus amounting to P18,250 is given to the old partners' what is the value of the equipment contributed by Marie? Exercise 4-4.9 The balance sheet as of September 30, 2019' for the partnership of D, E and F shows the following informati0n: Assets, P360,OOO ; D, loan, P20,ooo ; D, capital, P83,000 P77,OOO ; F, capital, P 180,000. It was agreed among the partners that D retires from the partnership, and it