Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Point) 26. Samer, Youssef and Yazan are partners in a solidarity company whose capital is 180,000 dinars, distributed among them as follows (60,000 dinars, 40,000

Point) 26. Samer, Youssef and Yazan are partners in a solidarity company whose capital is 180,000 dinars, distributed among them as follows (60,000 dinars, 40,000 dinars, 80,000 dinars). On August 29, 2021, the partners agreed that partner Ahmad would join the company, provided that the companys capital after joining would become 200,000 dinars, and that Ahmad would buy a quarter of the partner Samers share in the companys capital and a quarter of the partner Youssefs share in the companys capital, and that Ahmad would provide what The remainder of his share of the company's capital in cash in the company's fund. In light of the above data, the share of the partner Ahmed in the capital in the company is 55,000 dinars 45,000 dinars 50,000 dinars 60,000 dinars, none of the above

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Advanced Accounting

Authors: Paul M. Fischer, William J. Tayler, Rita H. Cheng

11th edition

538480289, 978-0538480284

More Books

Students also viewed these Accounting questions