Kindly answer all the problems number 6-10. Please. Thank you 9. How much is the equipment contributed by Rogers?Romanoff and Barton are partners with capital balances of P60,000 and P70,000. Romanoff has a 30%interest in the partnership profits and losses. At this time, the partnership decided to admit Stark andRogers as new partners. Stark contributes cash of P165,000 for a 30% interest in the profits and lossesand a 20% interest in the capital of the firm. Rogers contributes cash of P20,000 and an equipment fora 35% interest in the profits and losses and a 25% interest in the firm's capital. Barton receive a bonusof P38,325 after the admission of Starks and Rogers.10. How much is the capital balances of Wanda after Banner'swithdrawal? *Banner and Strange are partners who have capital balances of P65,000 and P35,000 and share profits3:2. Wanda is admitted as a partner and is given a 25% interest in the firm upon investing P40,000cash. Profits are to be shared 5:3:2 by Banner, Strange and Wanda. Subsequently a new partner, Peter,was admitted by investing P25,000 cash for a 20% interest in assets and a 20% share of the firm'sprofits. Former partners share the balance of profits in their original ratio. Banner has difficulty gettingalong with Peter and as a result, Banner withdraws from the partnership. The partnership pays P73,000cash for Banner's interest. 6. Partners X, Y and Z have capital balances capital balances in apartnership of P140,000, P60,000 and P1,800,000. The operations for theyear resulted in a loss of P240,000. What will Y's capital be if X gets aP280,000 salary, Y gets a P100,000 salary and Z gets a 10% interest onher beginning capital balance, with the remaining being divided at a1:1:2 ratio? (POSITIVE FOR CREDIT BALANCE and NEGATIVE () orII IIFOR DEBIT BALANCE)7. Determine the capital to be credited to Austin. *Celestine and Jewel are partners who share income in the ratio of 2:3. The partners agree to admitAustin as a partner upon investing P150,000 cash for a 1/5 interest in the firm. The assets of the firmare fairly valued except for a building that is overvalued by P150,000. The capital accounts of Celestineand Jewel show balances of P450,000 and P300,000.8. How much is Tony's share in the net income of the partnership? *Tony and Steve formed a partnership on January 1, 2019. Their partnership earned a net income of 1,800,000year ended 2019. The following stipulations are found in their articles of partnership:for theTony is the receive a monthly salary of P25,000 as compensation for his managing duties inthe partnershipSteve is the receive an annual salary of P180,000 from the partnershipBonus of 15% is granted to Tony if the partnership income exceeds P1,000,000 (Bonus iscomputed based on the excess from P1M)Each partner is to receive an interest of 10% based on their weighted average capital balances.The remaining balance is divided accordingly to Tony and Steve in the ratio of 2:3The following are the capital transactions of the partners:111TonySteveDebitCreditDebitCredit1-JanG00,000700,0001-Mar120,0001-Apr1-Jul1-Sep30-Sep300,000200,00090,000240,00030-Oct150,000

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