Hi I need help on what is the answer for this accounting problem, Below is the question and answer with explanation is recommended. Other cincerns will be in the comment section. I hope that you can help me and surely I will give you full positive feedback

Problem 9- Partnership Operation The Fashion and Trend Partnership of MR BAN & MR TOT has an agreement in the distribution of Profit & Loss, Record the distribution for their capital balance for the year end. 1) Salary is given to MR BAN, P35000 2) Interest of the ACB of each , 12% 3) MR BAN & TOT will be sharing 1.5% on the sales 4) Bonus is given to MR BAN 18% of Net Income before interest but after salaries and bonus, 5) Remainder will be divided, 45% for BAN & 55% for TOT 6) Sales, P1,500,000 7) Income, P350000 BJ ACB, MR BAN, P500000, MR TOT P550000 imbu = Notes Comments O Eli n