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Please provide solutions and explanation. The number 5 were based below the number 4. Please see the attach photo 4. Deve Company plans to sell

Please provide solutions and explanation. The number 5 were based below the number 4. Please see the attach photo

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4. Deve Company plans to sell season football tickets for the 10 games played from September through November. These tickets sell for P50 each at the gate or for R45 per season package purchased on or before April 30. On April 30, the ofce reports that it has sold 200 season ticket packages and has only 50 left. The correct entry to record the sale of the season tickets 15: * A. Debit Cash and credit Unearned Revenue for $3,000. B. Debit Cash and credit Revenue for 1911250. C. Debit Cash and credit Unearned Revenue for R1 1,250. D. Debit Cash and credit Revenue for 139,000. 0000 Use the following information to answer question 5: A partnership has the following accounting amounts: Sales 1' 70.000 Cost of Goods Sold 40,000 Operating Expenses 10,000 Salary allocations to partners 13,000 Interest paid to banks 2.000 Partners' withdrawals 8,000 5. Partnership net income or lOSS IS: A. P3,000 net loss O B. P5,000 net income C. F 20,000 net income O D. P18,000 net income 6. Partners Bonnie and Clyde have a profit and loss agreement with the following provisions: salaries of P20,000 and P25,000 for Bonnie and Clyde, respectively; a bonus to Bonnie of 10% of net income after bonus; and interest of 20% on average capital balances of P40,000 and P50,000 for Bonnie and Clyde, respectively. Any remainder is split equally. If the partnership had net income of P88,000, how much should be allocated to Partner Bonnie? * A. P 36,000 B. P43,500 O C. P44,500 D. P.50,000

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