Question: The partners decide to prepares a cash priority program showing how cash would be distributed to the partners as assets are realized. The loss absorption
The loss absorption capacity of A, B and C, respectively a. 240,000;160,000;430,000 b. 200,000;400,000;150000 c. 300,000;350000;250000 d. 240000,200000,430000
2. The partners decide to prepares a cash priority program showing how cash would be distributed to the partners as assets are realized.Assuming the first sale of assets with book value of P100,000 realized P30,000 and all available cash is distributed. A B and C will receive, respectively a. 42000;0;6000 b. 0; 12000, 36000 c. 16,000: 16,000: 16,000 d. 6000;0;42000 3.
The partners decide to prepares a cash priority program showing how cash would be distributed to the partners as assets are realized., assuming the second sale of other assets with a book value of P60,000 realized P80,000 and all available cash is distributed, partners A, B and C would receive, respectively a. 27,000; 35,000: 18,000 b. 6.000; 10,000; 8,000 c. 6,000; 0, 4,000 d. 12,000: 0; 8,000
1. Partners A, B and C who share profits and losses in the ratio of 3:5.2, respectively, have decided to liquidate the partnership. The statement of financial position at the time of liquidation consisted of the following accounts: Liabilities 62,000 Cash 80,000 Other assets 240,000 B, loan 20,000 A, capital 72.000 B, capital 80,000 C, capital 86,000
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