Question: please show solution. Thanks 3. X and Y have capital balances of P150,000 and P180,000, respectively. Z is to invest P60,000 for 15% in the

please show solution. Thanks

3. X and Y have capital balances of P150,000 and P180,000, respectively. Z is to invest P60,000 for 15% in the partnership interest and also in the profit and loss. There is an undistributed net income in the amount of P80,000. Partners X and Y share profit and loss 65:35. 1. How much is the capital credit of Z upon his admission? a. 60,000 b. 61,500 C. 72,000 d. 70,500 2. How much is the bonus to partner X from partner Z

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