ABC LLP. The balance sheet, March, 01, 2013 Teistlichen 30000 Account Payable 25000 Receive SSO A Caps 45000 Capital 100 50000 Capital 20000 Goodwill 200 Total Milies and owners and Total One April, 1, 2013 the partners decided to incorporate the ABC LLP into Y Corporation. On this date the fair market values of non-cash assets were; Account receivable 25000, Allowance for doubtful accounts 1000, Inventory 40000, Building 120000, Goodwill 20000, account payable 42000. The income ratio of the XYZ LLP was 4:2:4 respectively. One April, 3, 2013 Y corporation issued 182000 shares S1 par, and si fair market value in exchange of net assets of the partnership Select the correct answer (using the books of partnership) 1. The total difference of net assets is ----- A.-18000 B. 22000 C. 20000 D. 16000 2. The difference will be charged to A capital is ---- A. 6400 B. 7200 C. 8800 D. 8000 3. The difference will be charged to B capital is A 6400 B. 7200 C. 8800 D. 4400 4. Payable to A,B & C account or Receivable to Y account will be A. 182000 B. 224000 C. 200000 D. 222000 s. After allocating the difference of net assets. The capital of A is A. 63800 B. 49400 C. 68800 D. 54600