Problem 1: Bee, Dee, Gee, Lee, & Vee are partners who share earnings in the ratio of 4:7:3:6:5, respectively. On Sept. 1, 2011, their capital balances are as follows: Be P 188,520 e De 176,800 e Ge 192,170 e Lee 179,010 Ve 203,900 e During the first two months of 2011, the partnership had revenue totaling P 170,000; expenses of P 79,000. On Nov. 2, 2011, Zee is to be admitted for a 25% interest in the partnership by purchase from the partners for P 225,000. Questions to answeri 1. How much of Gee's capital will be transferred to Zee? 2. How much of Vee's capital will be transferred to Zee? 3. What is Lee's capital balance after admission of Zee? 4. What is Zee's capital balance after admission? 5. How much of the proceeds will go to Bee? 6. How much of the proceeds will go to Vee? 7. How much of the proceeds will go to Dee? At Ask Expert Tutor 8. How much is the personal gain (loss) of Gee? Answers in as fast as 9. How much is the personal gain (loss) of Dee