11 Apple and Green started a business as a partnership on January 1 200A. Apple contributed P 36.000 and Green contributed P 30,000. It was agreed that earnings after interest and salary allowances would be divided in the ratio of 2/3 and 1/3 to Apple and to Green, respectively. Interest of 4% per annum on the beginning capital balances will be allowed. Earnings, salaries, and withdrawals for 200A and 200B were: Earnings before Interest and Salaries Apple P 11,590 24,600 Salaries paid Green P 6,000 6,000 Apple P 6,140 4,048 Withdrawals Green P 4,850 7,152 P 4,000 4,000 200A 200B CQUIRED: Statement of Partners' Equity for both years.

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