Given the following information for questions:In the wake of growing demands for renewable energy, a partnership specialising in solar energy solutions has received a lucrative offer to dissolve their business, trading as Efficient Solar Guys SA and become shareholders in a new private company as directors and shareholders. This company has an exclusive license to distribute wind power generation equipment in the Eastern Cape. Partners Jackie and Mfundo, who currently share profits and losses at a : ratio, plan to capitalise on this opportunity. They aim to complete the liquidation of their partnership and enter the new venture by June Prior to this strategic move, a thorough trial balance has been prepared to ensure a transparent and efficient transition:

EXTRACT FROM TRIAL BALANCE AS AT JUNE RInstallation equipment at costRAccumulateddepreciation:Installation equipmentRTrade receivables controlRBankRNoncurrent loans from partnersRTrade payables controlRCapital JackieRCurrent account JackieRCapital MfundoRCurrent account MfundoROn June the following transactions took place concerning the liquidation: A final settlement of R was received from debtors, with the remaining balance considered a settlement discount Mfundo agreed to acquire installation equipment with a carrying amount of R for a cash value of R which was not paid immediatelyThe leftover installation equipment was disposed of for a cash sum of RThe company received a settlement discount of R upon paying off all creditors\' accountsAll noncurrent loans from partners were settled in fullThe expenses incurred during the liquidation process totalled R

Q: Which one of the following alternatives represents the correct amount that must be allocated to Jackie on as liquidation profitloss of Efficient Solar Guys SA on June aR bR cR dR eR fR

Q:Which one of the following alternatives represents the correct amount that must be allocated to Mfundo on as liquidation profitloss of Efficient Solar Guys SA on June aR bR cR dR eR fR

Q: Assume the correct amount of liquidation loss allocated is R to Jackie. Which one of the following alternatives represents the correct amount that must be paid to Jackie on liquidation of Efficient Solar Guys SA on June aR bR cR dR eR fR Question : Assume the correct amount of liquidation profit allocated is R to Mfundo. What is the one of the alternatives represents the correct amount that must be paid to Mfundo on liquidation of Efficient Solar Guys SA on June

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To answer the questions we need to calculate the liquidation profit or loss for Efficient Solar Guys SA and determine the amounts to be allocated to J... View the full answer