Computation:

Contributed Capital Bonus Agreed Capital

A. Samson Jr. 1,200,000 0 1,200,000 48%
A. Dela Cruz 800,000 0 800,000 32%
Total 2,000,000 0 2,000,000
R. Balocating 500,000 0 500,000 20%
Total 2,500,000 0 2,500,000

*2,500,000 x 20% = 500,000

Since the amount invested is equal to the agreed capital credit,
there is no bonus

Computation:
A. Samson Jr. A. Dela Cruz R. Balocating Total
Salary Allowances 450,000 450,000

Balance:
(2,500,000-450,000)
A. Samson Jr. (2,050,000x48%) 984,000 984,000
A. Dela Cruz (2,050,000x32%) 656,000 656,000
R. Balocating (2,050,000x32%) 410,000 410,000
Share of Partners in Profits 1,434,000 656,000 410,000 2,500,000

Computation:
A. Samson Jr. A. Dela Cruz R. Balocating Total
Withdrwals
(1,434,000/2) 717,000 717,000
(656,000/2) 328,000 328,000
(410,000/2) 205,000 205,000
Total withdrawals 717,000 328,000 205,000 1,250,000
 Angel's Investors
Statement of changes in Partner's Equity
For the Year Ended Dec 31, 2019

A. Samson Jr. A. Dela Cruz R. Balocating Total

Original Investments 1,200,000 800,000 2,000,000
Admission of R. Balocating 500,000 500,000
Total 1,200,000 800,000 500,000 2,500,000
Salary Allowance 450,000 450,000
Remaining Income distribution 984,000 656,000 410,000 2,050,000
Total 2,634,000 1,456,000 910,000 5,000,000
Less: Partners' Withdrawals -717,000 -328,000 -205,000 -1,250,000
Partners' Equity, Dec 31 1,917,000 1,128,000 705,000 3,750,000