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Following is the current balance sheet for a local partnership of doctors sse,eee Labilitie 240,000 A, capital 90,e00 B, capital se,eee e,ee0 3e,e00 520,000 Building
Following is the current balance sheet for a local partnership of doctors sse,eee Labilitie 240,000 A, capital 90,e00 B, capital se,eee e,ee0 3e,e00 520,000 Building and equipment (net The following questions represent independent smuations o. E is going to invest enough money in this partnership to receive 20 percent interest. No goodw. or bonus ts to be recorded. How b. E conributes $50,000 in cash to the business to recelve a 10 percent interest in the partnership. Goodwill is to be recorded. Profits and losses have previously been split according to the following percentages: A, 30 percent, B. 10 percent, C. 40 percent and D c. E contributes $52000 In cash to the business to recelve a 20 percent Interest in the partnership. Goodwill is to be recorded. The d. E contributes $78.000 in cash to the business to receive a 25 percent inerest in the partnership. No goodwill or other 8sset . retres from the partnership and, as per the original partnership agreement is to receive cash equal to 112 percent of her final 20 percent. After E makes this Investment, what are the Individual copital balances? four original partners share all profins and losses equally After E makes this investment, what are the individual capital balances? revaluation is to be recorded. Profits and losses have previously been split according to the following percentoges: A 10 percent B, 30 percent, C, 20 percent and D, 40 percent After E makes this Investment, what are the individual capital balances? capital balance. No goodwi or other asset revaluation is to be recognized. All partners share profies and losses equally. After the withdrawal, what are the individual copital balances of the remaining partners? 3 Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. 8 3Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Req AR B to E E is geing to invest enough money in this partnership to receive a 20 percent interest. No goodwill or bonus is to be recorded. much should E 102.000 Req A Req Bto E> Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below Req ABto E b. E contributes s 50.000 in eash to the business to recerve a 10 percent interest in tht partnershp. deed."-te recorded. Profits and losses have previoualy been sple according to the follewing percentages: A. 30 percent: B 10 percent: . 40 percent, and D, 20 p.rcent. After E makes this investment, what are th. id vidual captal bances? s. E contributes $52.000 in cash to the business to receive a 20 percent interest in the partnership, Goodwill is to be recorded. The four original partners share ." preets and losses equally. Amber E makes t_s ievestment.-hit rthnd capital ba d. E contributes $78.000 in cash to the business to receive a 25 percent interest in the partnership. No goodwill or other asset revaluation is to be recorded. Profits and losses have previously been split according to the following percentages: A,10 percenti B20 percent, . 20 percenti and D, 40 percent. After E makes nvestment. uhat are the individal capital balances? C retrus from the partnership and. as per the ongina, partnership agreement. te recev. eash equal to n Hrene of final capital balance. No goodwill er ether asset reval aten ito be recognized. All partner, share prefits ind less equals After the withdraval, what are the individual capital balances of the remaining partners? Show less Capital Capital 60 300 72 500 01238 o s 54 Ko 80,100 3 9200 3 83713 33 74.800 130400 3 142.500 3 132 475 100.200 os $0.000 52.000 05.625O 172 500 o s 1042500, 154700
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