Mike and Mario agreed to form a partnership. Mike contributed equipment with carrying amount of P$100,000$ and fair value of $P70,000,$ while Mario contributed cash of P$200,000.$ The partners agreed to have a profit sharing ratio of $2$:$1,$ nepectively. The initial credits to the partners' capital accounts shall reflect this fact. Under the bonus method, how much is the balance of the capital account of Mario immediately after the partnership formation?

a$.90,000$

c$.135,000$

b$.200,000$

d$.70,000$

Abel and Carr formed a partnership and agreed to divide initial capital equally, even though Abel contributed P$100,000$

and Carr contributed P$84,000$ in identifiable assets. Under the bonus approach to adjust the capital accounts, $C_{tr{r}_1}$ unidentifiable asset should be debited for

a$.46,000$

c$.8,000$

b$.16,000$

d$.0$

$($NGPA$)$

A and $B$ agreed to form a partnership. The parthenkip agreement stipulates the following:

Initial capital of P$300,000.$

A$25$:$75$ interest in the equity of the partnership.

A coniributed P$100,000$ cash, while B contributed P$200,000$ cash Which partner should provide additional investment $($ot withdraw part of his investment$)$ in order to bring the partners capital credits equal to their respective interests in the equity of the partnership?

a$.$ A shall provide additional capital of $P25,000.$

b$.$ B shall withdrav capital of P$25,000.$

c$.$ B shall make an additional investment of $P25,000.$

d$.$ No additional contribution or withdrawal shall be made.