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Question 10 Not yet answered On 1/1/2015 the company issued $40000 ,15%, 5 years bonds at 44416 when the market interest rate was 12% interest

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Question 10 Not yet answered On 1/1/2015 the company issued $40000 ,15%, 5 years bonds at 44416 when the market interest rate was 12% interest on bonds payable semiannually on 1/1 and 1/7 of each year IF company retires bonds on 1/7/2015 at 40500 company debits bonds payable at: Marked out of 1.00 Select one: a. 44416 P Flag question b. 40000 C. 44081 d. 40500 Question 11 Not yet answered Ahmad and Ali are partners with beginning capital balances 40000, 60000 respectively. Ahmad receives annual salary $10000 remaining income is divided equally. Ahmad had drawing of $10000 during year; no additional investments were made during year. The balance sheet end of year reported net assets $70000, so Net income (net loss) should be? Marked out of 1.00 P Flag question Select one: O a. Loss $10000 b. loss $30000 C.0 d. Loss 20000 Question 12 Not yet answered A; B and C are partnership is under liquidation process with the following account balances : cash :$10000, A.capital $6000;;; B, capital $8000;; capital (4000) debit , A; B and C share profits and losses20%,30% , 50% respectively. If Chad personal assets 12000 and personal liabilities 9000 how much cash A would receive: Marked out of 1.00 P Flag question Select one: o a. $6000 b. 5600 O C. 5400 d. $5800

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