The statement of financial position of A, B, C partnership as of December 31, 2020 is presented below: CASH P50,000 LIABILITIES P80,000 OTHER ASSETS 300,000 A, LOAN 20,000 RECEIVABLE 10,000 A, CAPITAL 120,000 FROM B B, CAPITAL 90,000 C, CAPITAL 50,000 TOTAL P360,000 TOTAL P360,000 Profits and loss ratio is 30%, 50% and 20% for A, B and C, respectively. Other assets we realized as follows: CASH DATE BOOK VALUE RECEIVED JAN. 2020 90,000 P120,000 FEB. 2020 100,000 P80,000 MAR. 2020 125,000 P100,000 Liquidation expenses paid are as follows: January - P3,000 February - P5,000 Cash is distributed as assets are realized; how much is the total cash received by partne A at the end of the liquidation?

.  The GHK partnership has the following balance sheet: Cash                            $ 30,000 Other assets                  $170,000 Recourse liabilities       $ 50,000 Capital – G                   $ 50,000 Capital – H                   $ 50,000 Capital – K                   $ 50,000 Partnership profits are allocated equally.  Losses are allocated 50% to G, 25% to H, and 25% to K.  The partnership agreement has a capital account deficit restoration requirement.  How should the recourse liability be allocated?

The condensed balance sheet and profit – sharing ratio of the partnership of Wenda, Wendy, and Wilma are presented below: Cash                       P 22,500.00          Liabilities            P52,500.00 Due from Wanda        7,500.00          Due to Wilma       10,000.00 Other assets            205,000.00          Wanda, cap’l (4)   75,000.00                                                                 Wendy, cap’l (3)   50,000.00                                                                 Wilma, cap’l (3)    47,500.00 Total assets            P235,000.00          Total equities     P235,000.00              21. The partners agreed to liquidate and they sold all the Other assets for P150,000.00. How much of the available cash should go to Wanda? a. P45,500.00 b. P75,000.00 c. P42,500.00 d. P53,000.00   22. Refer to No. 21 above, how much will be received by Wendy in the partnership liquidation a. P41,000.00 b. P74,000.00 c. P33,500.00 d. P66,600.00

a. Prepare a profit distribution account for the year ended 31 October 2021.  b. Prepare the partners' current accounts (in columnar form) for the year to 31 October 2021. c. (Note: All the figures must be rounded up to the nearest RM)   note i need the answer in full format thank you