The data of the assets in the balance sheet of one of the solidarity companies on August
Fantastic news! We've Found the answer you've been seeking!
Question:
The data of the assets in the balance sheet of one of the solidarity companies on August 29, 2021 AD was as follows: Lands 120,000 dinars, buildings 80,000 dinars, goods 100,000 dinars, bank 300,000 dinars, debtors 200,000 dinars. On the left side of the balance sheet, the creditors' balance was 200,000 dinars, and the rest was the partners' capital. On that date, it was decided to reduce the partners’ capital by one third, provided that the amounts are returned to the partners through the bank. In light of the above data, the partners' capital after the reduction is (2 Points)
a. 450000 dinars
b. 600,000 dinars
c. 400,000 dinars
d. 800,000 dinars
e. None of the above
Related Book For
Posted Date: