P118,000C.000'86P132,000d.P180,000P88,000Rubio and Bisana established a trading partnership. They share profits equally afterallowing salaries of P40,000 per year for Rubio and interest on partner's capital at5% per year. On Jan. 1, 2019, their capital balances are as follows: Rubio, P200,000and Bisana, P100,000.On July 1, 2019, Bisana invested an additional P100,000 and Rubio's salary wasdiscontinued. The partnership profit for the year ended Dec. 31, 2019 wasP337,500. What was Rubio's total profit share for the year ended Dec. 31, 2019?P182,500b. P178,750P180,000C.d. P190,0005. Villanueva and Mulles are partners sharing profits in the ratio 3:2. On Jan. 1, 2019,Lucena joined the partnership and the new profit sharing ratioVillanueva 40%, Mulles 30% and Lucena 30%. Profits for the year ended June 30,as follows:2019 were:6 months ended Dec. 31, 20186 months ended June 30, 2019P450,000000'00An irrecoverable debt of P50,000 was written off in the six months to June 30 incomputing the P450,000 profit. It was agreed that this expense should be borne byVillanueva and Mulles only. What is Villanueva's total profit share for the yearended June 30, 2019?a. P330,000b. P310,000C. P340,000d. P350,0006. Figueroa and Aguhob are partners in a CPA Review School. They share profits in theratio of 2:1. On July 1, 2019 they admitted Figueroa's son Doblas as a partner.Figueroa guaranteed that Doblas' profit share would not be less than P25,000 forthe six months to Dec. 31, 2019. The profit sharing arrangements after Doblas'admission is as follows: Figueroa 50%, Aguhob 30% and Doblas 20%. The profit forthe year ended Dec.31, 2019 was P240,000 accruing evenly over the year. Whatshould Figueroa's total profit share be for the year ended Dec. 31, 2019?a. P140,000b. P139,000C. P114,000d. P139,375 SCORE:NAME:PROFESSOR:SECTION:Multiple Choicefor Manongsong of P80,000 per annum. Profit for 2019 was P840,000 and theend balances on partners' capital accountsS are as follows: Ceradoy, P200Manongsong, P150,000 and Anuran, P120,000.residual profits for 2019?vea. P120,400b. P126,670C. P130,000d. P140,0002. Malaluan and Baral are in partnership. They share profits in the ratio 3:2 and closetheir accounts on June 30 each year.On Jan. 1, 2019, Castro joined the partnershinThe profit-sharing ratio was revised to become Malaluan 50%, Baral 25% and Castro25%, after providing for annual salaries as follows: Baral, P20,000 and CastroP12,000. The partnership profit for the year ended June 30, 2019 was P480,000.accruing evenly over the year. What are the partners' total share in profits for theyear ended June 30, 2019?MalaluanBaralCastroa.P162,000000's000b.d. P264,000 P156,0003. Refozar, Martinez and Magsino formed a partnership. It's on a calendar year basis.The profit-sharing arrangements are as follows:Until June 30, 2019, the annual salaries are provided as follows: Martinez, P40,000and Magsino, P20,000. The residual profit will be shared in the ratio of 6:2:2.the revised ratio of 5:3:2.salaries, accruing evenly through the year, and after chargingshould the profit for the year be divided among the partners?RefozarMartineza.P182,000Magsinob.P130,000000

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Ceradoy, Ma of 3:2:1. The for Manongs end balance Manongsong residual prof a. P120,40 b. P126,67 C. P130,00 d. P140,00