1. Abel and Car formed a partnership and agreed to divide initial capital equally, even though Abel contributed P100,000 and Car contributed P84,000 in identifiable assets. Under the bonus approach to...

1. Abel and Car formed a partnership and agreed to divide initial capital equally, even though Abel contributed P100,000 and Car contributed P84,000 in identifiable assets. Under the bonus approach to adjust the capital accounts, Car’s identifiable asset should be debited for _______________.