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As of April 30,2020, the books of D.O.S. Partnership showed capital balances of Diego, P40,000; Omar, P25,000 and Sean, P5,000. The partner's profit and loss
As of April 30,2020, the books of D.O.S. Partnership showed capital balances of Diego, P40,000; Omar, P25,000 and Sean, P5,000. The partner's profit and loss ratio was 3:2;1, respectively. The partners decided to dissolve and liquidate. They sold all the non-cash assets for P37,000 cash. After settlement of liabilities amounting to P12,000, they still have P28,000 cash left for distribution? Select match How much is the partnership cash before the sale of non-cash asset? Select match How much is the non-cash asset of the partnership? Loss on realization of non-cash assets was: Select match Select match Assuming that any debit balance of the partner's capital is uncollectible, the share of Diego on P28,000 cash for Distribution was: Select match Assuming that any debit balance of the partner's capital is uncollectible, the share of Omar on P28,000 cash for Distribution was: Select match Assuming that any debit balance of the partner's capital is uncollectible, the share of Sean on P28,000 cash for Distribution was
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