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Line the following information for the next two questions: A B and C formed a joint operation. The joint operators shall make initial contributions P10
Line the following information for the next two questions: A B and C formed a joint operation. The joint operators shall make initial contributions P10 each. Profit and loss shall be divided equally. The following data relate to the Joint operation's transactions: A B Joint operation (before closing) 8 Cr 10 Cr 12 Or Expenses paid from JO cash 5 2 Value of inventory taken 5 B 4 32. How much were the sales of the joint operation? 70 b. 60 90 33. How much was A's share in the settlement? a. 25 receipt b 20 receipt 25 payment d. 20 payment 14.400 Use the following information for the next two questions A, B, and C formed a joint operation. The joint operators shall make initial contributions P10 sach. Profil and loss shall be divided equally. The following data relate to the joint operation's transactions: A B Joint operation (before closing) 8 Cr 10 Cr 12 C Expenses paid from JO cash 5 2 3 Value of inventory taken 5 6 4 32. How much were the sales of the joint operation 8.70 b. 60 40 d: 90 33. How much was A's share in the settlement? a. 25 receipt b. 20 receipt C: 25 payment d. 20 payment
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