Problem No. 1 - Dissolution Sanchez and Robles are partners who share profits and losses in a ratio of 2:3, respectively and have the following capital balances on Nov. 30, 2021: Sanchez, Capital P100,000 and Robles, Capital P150,000. The partners agreed to admit Gomez to the partnership. Required: Calculate the capital balances of each partner after the admission of Gomez, assuming that bonuses are recorded when appropriate for each following requirements: 1. Gomez paid Sanchez P50,000 for a 40% of his interest. 2. Gomez invested P50,000 for a 1/6 interest in the partnership. 3. Gomez invested P50,000 for a 25% interest in the partnership. 4. Gomez invested P50,000 for a 15% interest in the partnership. Problem No. 2 - Dissolution Partners Roman and Salud have capital balances of P100,000 and P40,000 and share income in a ratio of 4:1, respectively. Solace is to be admitted into the partnership with a 20% interest in the business. Required: Prepare the journal entries to record the admission of Solace for each of the following independent situations: 1. Solace invested P60,000. Total capital will be P200,000. 2. Solace purchased the 20% interest by paying Roman P22,000 and Salud P11,000 3. Solace invested P32,000. Total capital will be P172,000