17 Ahmad an active partner receives an annual Bonus 25% of partnership net income after deducting his bonus for the year ended 2019 partnership net income before bonus amounted to 300,000, the bonus for Ahmad should be of stion Select one: a. 225,000 b. 240,000 c. 75,000 O d. 60,000 XYZ, Inc. sells 100 shares of treasury shares at $10 per share. If the cost of acquiring the shares was $13 per share the entry for the sale should include credits to: Select one: a. Treasury Shares $1,000 b. Treasury Shares $1,000 and shares premium-treasury 300 c. Treasury Shares $300 and shares premium - treasury 1000 d. Treasury Shares $1,300 IF A & B are two partner, A partner 15,000 capital and the same amount for B. they agree to enter new partner, he paid 30,000 what are his percentage of total capital Select one: a. 60% b. 30% C. 50% d. 409 Previous page Next the loan from partner , the debit side will be Select one: a. partner capital e b. partner loan c. No entry d. cash XYZ, Inc. sells 100 shares of treasury shares at $13 per share. If the cost of acquiring the shares was $10 per share the entry for the sale should include credit to: Select one: a. cash $1,300 b. Treasury Shares $1,300 C. shares premium 300, treasury shares 1000 d. cash $1,000