Ahmed, Bassem and Jamal are partners in Tadamon Company who share profits and losses at a ratio
Question:
Ahmed, Bassem and Jamal are partners in Tadamon Company who share profits and losses at a ratio of :: respectively. On it was decided to liquidate the company, and the company's budget appeared on the following date
Balance sheet on
cash
Dammam City
Sarat Balsafi
Merchandise
furniture
Commitments
Salaries payable
Payment papers
Partner C Loans
Partners' Rights
Capital partner Ahmed
Capital Partner Bassem
Capital Partner Jamal
It was decided to appoint the partner in the name of to carry out the liquidation in return for fees amounting to dinars, and the other liquidation expenses amounted to dinars, and the liquidation resulted in the following:
The cars were sold for dinars
The goods were sold for dinars
An amount of dinars was collected from the debtors and I consider the rest a bad debt
The furniture was purchased by the partner Jamal for dinars and deducted from her rights in the company
It turned out that the partner in the name of Leimlik personally only the amount of dinars, which he paid to the company. As for the partners, Ahmed and Jamal, they are wealthy
The debts owed by the company have been paid
Required:
Proof of the necessary liquidation restrictions
Photocopying the liquidation account
Set up the filter list
Principles of Accounting
ISBN: 978-1133626985
12th edition
Authors: Belverd E. Needles, Marian Powers and Susan V. Crosson