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Given the following information for questions:In the wake of growing demands for renewable energy, a partnership specialising in solar energy solutions has received a lucrative

Given the following information for questions:In the wake of growing demands for renewable energy, a partnership specialising in solar energy solutions has received a lucrative offer to dissolve their business, trading as Efficient Solar Guys (SA), and become shareholders in a new private company as directors and shareholders. This company has an exclusive license to distribute wind power generation equipment in the Eastern Cape. Partners Jackie and Mfundo, who currently share profits and losses at a 3:1 ratio, plan to capitalise on this opportunity. They aim to complete the liquidation of their partnership and enter the new venture by June 1,2023.Prior to this strategic move, a thorough trial balance has been prepared to ensure a transparent and efficient transition:
EXTRACT FROM TRIAL BALANCE AS AT 1 JUNE 2023RInstallation equipment at costR306,400Accumulateddepreciation:Installation equipment-R162,300Trade receivables controlR222,400BankR166,900Non-current loans from partners-R135,600Trade payables control-R87,300Capital Jackie-R151,200Current account Jackie-R60,100Capital Mfundo-R125,600Current account MfundoR26,400On 1 June 2023, the following transactions took place concerning the liquidation:1. A final settlement of R201,600 was received from debtors, with the remaining balance considered a settlement discount.2. Mfundo agreed to acquire installation equipment with a carrying amount of R52,000 for a cash value of R60,700, which was not paid immediately.3.The leftover installation equipment was disposed of for a cash sum of R95,000.4.The company received a settlement discount of R9,000 upon paying off all creditors' accounts.5.All non-current loans from partners were settled in full.6.The expenses incurred during the liquidation process totalled R62,300.
Q15: Which one of the following alternatives represents the correct amount that must be allocated to Jackie on as liquidation profit/loss of Efficient Solar Guys (SA) on 1 June 2023?a.(R 137,925)b.(R 46,875)c.(R 15,625)d.(R 50)e.R 46,575f.(R 150)
Q16:Which one of the following alternatives represents the correct amount that must be allocated to Mfundo on as liquidation profit/loss of Efficient Solar Guys (SA) on 1 June 2023?a.(R 15,625)b.(R 150)c.R 15,525d.(R 46,875)e.(R 45,975)f.(R 50)
Q17: Assume the correct amount of liquidation loss allocated is R55000 to Jackie. Which one of the following alternatives represents the correct amount that must be paid to Jackie on liquidation of Efficient Solar Guys (SA) on 1 June 2023?a.R 83,500b.R 36,100c.R 211,300d.R 156,300e.R 204,900f.R 91,100Question 18: Assume the correct amount of liquidation profit allocated is R45000 to Mfundo. Which one of the following alternatives represents the correct amount that must be paid to Mfundo on liquidation of Efficient Solar Guys (SA) on 1 June 2023?a.R 136,300b.R 204,900c.R 83,500d.R 36,100e.R 144,200f.R 156,300

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