Ali and Ahmad have AY LLP. The capital balances are $20000 for Ali and Ahmad $30000. The partners decided to admin Hamam for %50 interests in capital. Hamam invests $40000 cash in the partnership. The bonus is .a. $5000 for new partner O .b. $5000 for old partners O .c. $4000 for old partners O .d. $4000 for new partner Suppose that the following accounts are related to A & HLLP on march, 2, 2012, cash $20000, non-cash assets $150000, liabilities $70000, A capital $55000 and H capital $45000. AH decided to liquidate the AH LLP. A&H sold the none cash assets for $70000. A & H share net income equally. At the end of liquidation process partner H will receive cash a. $15000 b. $40000 c. $5000 O d. $45000 The admission of a new partner for a 15% interest in the LLP for an investment of $10,000 cash, with total capital to be $80,000, tresults in the recognition of a. A bonus to the existing partners O .b. No bonus c. A bonus to the new partner .d. Salary for old partners X acquired a 40% investment in Y for $50 000. Y declared and paid a dividend of $10 000. The appropriate entry for the investor to record this dividend is .a. Dr. Stock Investment $4000 and Cr. Dividend revenue $4 000 O b. Dr. Cash $4000 and Cr. Stock Investment $4 000 c. Dr. Dividends payable $4 000 and Cr. Cash $1000 d. Dr. Cash $4000 and Cr. Dividend revenue$4 000 O