Question: based on the information in the excel spreadsheet what is the answer for the bottom two questions? A B D E F G H K

based on the information in the excel spreadsheet what is the answer for the bottom two questions?  based on the information in the excel spreadsheet what is the
answer for the bottom two questions? A B D E F G
H K Project 1 1) Date Particulars Rick Mary Joe Date Particulars

A B D E F G H K Project 1 1) Date Particulars Rick Mary Joe Date Particulars 1/1/2017 Bank Rick Mary Joe $100,000.00 $ 150,000.00 $200,000.00 Drawings $ 12,000.00 $ 12,000.00 $ 12,000.00 31-12-17 interest in capital $ 10,000.00 $ 15,000.00 $ 20,000.00 31-12-17 Compensation $ 10,000.00 2) Bonus MC Case A Total api Investmes Interest o Total capit Value of G Gustafson In this case among the Danielson Eklund Forsberg 31-12-17 Balance c/ 0 11 12 13 $117,000.00 $ 201,000.00 $ 246,000.00 31-12-17 Profit & Loss A/C $ 19,000.00 $ 38,000.00 $ 38,000.00 Total $129,000.00 $ 213,000.00 $ 258,000.00 Total $ 129,000.00 $213,000.00 $ 258,000.00 Date Particulars Rick Mary Joe Date Particulars 1/1/2018 balance b/ 15 16 17 18 Rick Mary Joe $117,000.00 $ 201,000.00 $ 246,000.00 Drawings $ 12,000.00 $ 12,000.00 $ 12,000.00 31-12-13 interest in capital $ 11,700.00 $ 20,100.00 S 24,600.00 19 31-12-18 compensation $ 10,000.00 20 21 22 23 31-12-18 Balance / $139,420.00 $ 204,540.00 $ 304,040.00 31-12-18 Profit & Loss A/C S 22,720,00 $ 45,440.00 $ 45,440.00 Journal Entr Depcription Cash A/CDI Gustafson's Danielson's Eklund's Cap Forsberg's C Statement of Danielson Eklund Forsberg Guctaten Total $ 151,420.00 $276,540.00 $316,040.00 Total $ 151.420,00 $276 540.00 $316,040.00 24 25 26 27 particulars amount Total profit $150,000.00 lace interest in ranital Sheet1 4 B 31-12-18 Balance c/f E G H K $ 139,420.00 $264,540.00 $ 304,040.00 31-12-18 Profit & Loss A/C $ 22,720.00 $ 45,440.00 $ 45,440.00 Total $ 151,420.00 $276,540.00 $316,040.00 Total $ 151,420.00 $276,540.00 $316,040.00 particulars amount Total profit $ 150,000.00 less: interest in capital $ 45,000.00 less: compensation $ 10,000.00 Distributable Profit Rick Share Mary Share Joe Share $ 95,000.00 $ 19,000.00 $ 38,000.00 $ 38,000.00 Particulars Amount Total Profit $ 180,000.00 Less: interet in capital $ 56,400.00 less: compensation $ 10,00.00 Distributable Profit Rick Share Mary Share Joe Share $113,600.00 $ 22,720.00 $ 45,440.00 $ 45,440.00 Sheet1 Question 10 0/1 point What was the total capital balance for the partnership at December 31, 20187 a) 780k b) 744 c) 852k d) 70Bk Question 11 0/1 point What will be the amount of interest attributed to Rick for 20197 a) 13,942 b) 10k c) 15,142 d) 14.142

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