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Please give me clearly explanation. thanks in advance 2. The trial balance of Adira Partnership as of July 31, 2020 are follows: Debit Credit Rp
Please give me clearly explanation. thanks in advance
2. The trial balance of Adira Partnership as of July 31, 2020 are follows: Debit Credit Rp 15.000.000 55.000.000 35.000.000 247.500.000 Cash A/R Inventory Land/building/equipment (net) A/P Akbar capital Diva capital Raifan capital Total Rp 42.500.000 137.500.000 112.500.000 60.000.000 Rp352.500.000 Rp352.500.000 Akbar. Diva and Raifan share profits and losses 40%. 35%, 25%. Since the Partners decide not to run the business anymore, they considering an offer Rp250.000.000 for A/R. inventory, Land building/equipment as of July 31. The proceed will be used to pay creditor and Partners in installments Required Prepare a cash distribution plan and shows how much cash each partner will receive if the offer is accepted and prepare the entriesStep by Step Solution
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