- If The Cash Balance After Realization Is 150 Of The Increase In The Cash Balance Due To The Realization Of Non Cash Ass 1 (297.56 KiB) Viewed 53 times
- If The Cash Balance After Realization Is 150 Of The Increase In The Cash Balance Due To The Realization Of Non Cash Ass 2 (390.78 KiB) Viewed 53 times
If the cash balance after realization is 150% of the increase in the cash balance due to the realization of non-cash assets, how much is the book value of the non-cash assets? (2 Points) D. On July 31, 2019, DEF partnershlp shows that D, E and F have capital balances of 500,000, 300,000 and 200,000 with profit or loss ratio of 1:3:6. The total partnership capital after realization of non-cash assets increased by P 200,000. Before liquidation, the partnership has P 150,000 of total liabilitles. From the total partnership liabilitles, It includes a payable to f of P 30,000. All partners are personally solvent. Enter your answer
How much did partner A receive in the final settlement of his interest in the partnership? (2 Points) E.On December 31, 2019, ACT Partnership decided to liquidate its business. On this date. Ad and T have capital balances of P 300.000. P 250,000. 120.000 and share profits and losses in the ratio of 5.2.3. Below it shows the personal assets and personal liabilities of each partners: A- personal assets = p 100.000 : personal liabilitles =P 50,000 c- personal assets = p 50.000: personal liabilities =P50,000 T-personal assets. P 50.000: personal abilities - P75 000 Before liquidation, the partnership bus total abilities of P 130.000 which Indudes a payable of P 10.00 te T and the non-cash assets has a book value of P 750.000 The amount of proteeds received from the laudation of asts is P 300,000 which is already net of Hornstronin Enter curanser