Salah and Omer become partners by inveting BD 60,000 and BD 90.000 respectively. They decided to...
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Salah and Omer become partners by inveting BD 60,000 and BD 90.000 respectively. They decided to share profit and loss equally. They also allowed to have annual salary allowance of BD 50,000 to Salah and RD 40,000 to Omer. Business also allow then 10% interest on their investments amount and the remaining balance shared as per the agreement. What is the amount of total share of Salah, f the year LOSS BD 16,8007 ⒸABD (11.900) B. BD 4,900 ⒸC.00 (4.900) D.BD 11.900 Salah and Omer become partners by inveting BD 60,000 and BD 90.000 respectively. They decided to share profit and loss equally. They also allowed to have annual salary allowance of BD 50,000 to Salah and RD 40,000 to Omer. Business also allow then 10% interest on their investments amount and the remaining balance shared as per the agreement. What is the amount of total share of Salah, f the year LOSS BD 16,8007 ⒸABD (11.900) B. BD 4,900 ⒸC.00 (4.900) D.BD 11.900
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Related Book For
Advanced Accounting
ISBN: 9781260247824
14th Edition
Authors: Joe Ben Hoyle, Thomas Schaefer, Timothy Doupnik
Posted Date:
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