Test II Show A III Problems: Answer the requirements for each of the following unrelated problems: (75%) ( 30 items @ 2.5 points each). computations in good form: Bar and Bie are partners with capital balances of P400,000 and P200,000, respectively. They share profits and losses in the ratio of 3:2, respectively. The partners agree to admit Doll as a member of the firm. Assume assets are fairly valued: Q1 Q2 Q3 Q4 05 Q5 If Doll invests P120,000 for a 1/6 interest in the firm, how much will be the capital credit granted to Doll? In relation to Q1, how much is the total partnership capital immediately after the admission of Doll? If Doll invests P120,000 for a 1/4 interest in the firm, by how much will the capitals of Bar and Bie decreased, respectively, as a result of the admission of Doll? In relation to Q3, what are the capital balances of Bar, Bie and Doll, respectively after the admission of Doll? If Doll invests P120,000 for a 1/10 interest in the firm, by how much will the capitals of Bar and Bie increased, respectively as a result of the admission of Doll? Q6 In relation to Q5, what are the new profit and loss ratio immediately after the admission of Doll? Assume assets are overvalued: Q7 Q8 If Doll invests P120,000 for a 4 in the firm and that the partnership equipment is overvalued, by how much is the equipment overvalued? In relation to Q7, how much are the capital balances of BAR, BIE and DOLL, respectively immediately after the admission of DOLL? Assume assets are undervalued: Q9 If Doll invests P120,000 for a 1/10 interest in the firm and that the partnership inventories is undervalued, by how will the capitals of Bar and Bie increased, respectively as a result of the recognition of the undervaluation of inventories? Q10 In relation to Q9, what are the capital balances of Bar, Bie and Doll, respectively immediately after the admission of