Page 32 - Demo

%u062c%u0645%u064a%u0639 %u0627%u0644%u062d%u0642%u0648%u0642 %u0645%u062d%u0641%u0648%u0638%u0629 %u0640 %u0627%u0625%u0644%u0639%u062a%u062f%u0627%u0621 %u0639%u0644%u0649 %u062d%u0642 %u0627%u0644%u0645%u0624%u0644%u0641 32 %u0628%u0627%u0644%u0646%u0633%u062e %u0623%u0648 %u0627%u0644%u0637%u0628%u0627%u0639%u0629 %u064a%u0639%u0631%u0636 %u0641%u0627%u0639%u0644%u0647 %u0644%u0644%u0645%u0633%u0627%u0626%u0644%u0629 %u0627%u0644%u0642%u0627%u0646%u0648%u0646%u064a%u062923- If the partnership accepted the responsibility of the Note Payable owed in connection with the Building & there is no agreement to settle any difference in cash. then the complementary (if any) in the formation journal entry related to Partner Magdy will be:A) Cash Credit by $14,000B) Cash Debit by $14,000C) Goodwill Debit by $14,000D) Revaluation Reserve Credit by $14,000E) None of the above24- If the partnership accepted the responsibility of the Note Payable owed in connection with the Building & the partners agreed to settle any difference in cash. then the complementary (if any) in the formation journal entry related to Partner Magdy will be:A) Cash Credit by $14,000B) Cash Debit by $14,000C) Goodwill Debit by $14,000D) Revaluation Reserve Credit by $14,000E) None of the above25- If the partnership did not accept the responsibility of the Note Payable owed in connection with the Building & there is no agreement to settle any difference in cash. then the complementary (if any) in the formation journal entry related to Partner Magdy will be:A) Cash Credit by $14,000B) Cash Debit by $14,000C) Goodwill Debit by $14,000D) Revaluation Reserve Credit by $14,000E) None of the above26- If the partnership did not accept the responsibility of the Note Payable owed in connection with the Building & the partners agreed to settle any difference in cash. then the complementary (if any) in the formation journal entry related to Partner Magdy will be:A) Cash Credit by $14,000B) Cash Debit by $14,000C) Goodwill Debit by $14,000D) Revaluation Reserve Credit by $14,000E) None of the aboveBuilding 48,000Goodwill 14,000NP 10,000Magdy%u2019s capital 52,000Building 48,000Cash 14,000NP 10,000Magdy%u2019s capital 52,000Building 48,000Goodwill 4,000Magdy%u2019s capital 52,000Building 48,000Cash 4,000Magdy%u2019s capital 52,00030