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8 ) Hello brother, please help me .answer all questions.I will not forget your favour .please write the question number and answer code. Corporate accounting

8)Hello brother, please help me .answer all questions.I will not forget your favour .please write the question number and answer code.

Corporate accounting 1

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Time lot 24014 Question 36 Not yet answered Morked out of Flog question A and B are partners sharing profits and losses in the ratio of 5:3. C is admitted as a new partner for 1/5th share. C brings OMR 10,000 as his capital and necessary amount of his share of goodwill in cash. Total goodwill of the firm is OMR 40,000. Goodwill already appears in the balance sheet of A and B is OMR 5,000. What are the possible journal entries for the above given information? a Cash a/c Dr.18,000 TO C's capital alc 10,000 To premium a/c 8,000 b. Premium a/c Dr. 8.000 TO A's Capital a/c 5,000 TO B's capital a/c3,000 OC. All options are possible journal entries Od A's Capital al De 3,125 B's capital olcDr. 1875 To Goodwill alc 5,000 Question 37 Not yet answered Marked out of 1 P Flag question A, B, C and D are equal and only partners in a firm. A, B & D died together in plane crash, this accident results in O a. Dissolution of firm o b. None of these options O c. Dissolution of partnership as well as firm O d. Dissolution of partnership Time left 2:41:08 Question 38 Not yet answered Marked out of 1 P Flag question Which are the important objectives of preparing realization account? O a. To close all the books of account o b. To record transactions relating to the sale of assets and discharge of liabilities O c. All of the options O d. To determine profit or loss due to the realization of assets and liabilities Question 39 Question 39 Not yet answered Marked out of 1 Flag question A and B are partners sharing profit in the ratio of 3:2. They admit C as a partner by giving him 1/3rd share in future profits. The new ratio will be: O a. 12:8:5 O b. None of these O c. 5:5:12 O d. 8:12:5 Time left 2:41:01 Question 40 Not yet answered Marked out of 1 Flag question Which of the partnership given in the image is jointly and severally liable to the business debts to the full extent of their property, having an unlimited liability a Limited partnership ob. General Partnership OC Limited liability Company od Limited liability partnership

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