Extracted text: 28. As of December 31, 2020, the books of Abad, Sison and Dario Partnership showed capital balances of Abad - P80,000; Sison - P50,000 and Dario - P10,000. The partners' profit and loss ratio was 3:2:1, respectively. The partners decided to dissolve and liquidate. They sold all the non-cash assets for P74,000 cash. After settlement of all liabilities amounting to P34,000, they still have P56,000 cash left for distribution. How much is the loss on realization?
Extracted text: 27. On December 31, 2020, the partnership of Abe, Bravo, Charlie and Delfin decided to liquidate with the following account balances. Cash NCA Liab. Bravo Charlie Abe Bravo Charlie Delfin Loan Loan (10%) (20%) (45%) (25%) 20,000 180,000 100,000 10,000 5,000 15,000 25,000 15,000 30,000 Assuming that Bravo and Charlie are limited partners and Abe, Bravo, Charlie and Delfin are solvent up to P10,000; P15,000; P10,000 and P5,000 respectively; determine the cash settlement given to Abe if the NCAS were sold for P100,000 (round to nearest peso).