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133% This file claims compliance with the PDF/A standard and has been opened read-only to prevent modification Enable Editing INFORMATION Balances in the ledger 28

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133% This file claims compliance with the PDF/A standard and has been opened read-only to prevent modification Enable Editing INFORMATION Balances in the ledger 28 February 2019 Debit Credit Capital: Bobby 500 000 Capital: Vincent 300 000 Current account: Bobby (1 Mar 2020) 20 000 Current account: Vincent (1 Mar 2020) 15 000 250 000 Drawings: Bobby O Type here to search 0 Bi LE ome Tools OSA Jul20 BBA FR... X 7 / 11 N 13394 This file claims compliance with the PDF/A standard and has been opened read-only to prevent modification ...... Enable Editing 2. The partners are entitled to the following monthly salaries: Bobby R11 000 Vincent R10 000 3. Bobby is entitled to a bonus of 15% of the net profit before any appropriations are made. 4. Bobby and Vincent share the remaining profits or losses in the ratio 3:2 respectively. Question 4 (20 Marks) Bay Holdings Limited: 30 June 2021. Required: Type here to search

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