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Question 13 Not yet answered A; B and Care partners with a capital balances and profit sharing ratios as follows: A (20%) $3000 B (40%)

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Question 13 Not yet answered A; B and Care partners with a capital balances and profit sharing ratios as follows: A (20%) $3000 B (40%) $3000 :::C(40%)$4000. At that date C retires and he is paid $4600 ; under revaluation approach assume all existing assets are correctly valued except a land with a book value $2500 and a fair value 3000, total capital after retirement should be: Marked out of 1.00 P Flag question Select one: o a. $6000 b. $5600 O C. 6900 O d. 10000 Question 14 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 C is solvent how much cash A would receive: Marked out of 1.00 p Flag question Select one: O a. $2000 O b. 6000 F T C. $4000 d. 4400 Question 15 On 1/1/2015 the company issued $20000 ,10%, 5 years bonds at 21622 when the market interest rate was 8% interest on bonds payable semiannually on 1/1 and 1/7 of each year interest PAID on 1/7/2015: Not yet answered 8 15 Marked out of 1.00 Select one: a. 1000 Prag question Finis b. 865 Time C. 500 d. 800

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