Page 34 - Demo
P. 34


                                    %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 34 %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%u062932- If the capital share assigned to Partner B is $70,000 and there is no agreement to settle any difference in Cash, then in the formation journal entry we must: A) Debit AR by $10,000B) Debit AR by $40,000C) Credit Revaluation Reserve by $50,000D) Credit Cash by $90,000E) Credit Cash by $50,00033- If the capital share assigned to Partner B is $70,000 and the partners agreed to settle any difference in Cash, then in the formation journal entry we must:A) Debit AR by $10,000B) Debit AR by $40,000C) Credit Revaluation Reserve by $10,000D) Credit Cash by $90,000E) Credit Cash by $50,000Land 65,000Inventory 35,000AR 50,000AFDA (50 %u2013 40) 10,000NP 20,000Magdy%u2019s capital 70,000Revaluation reserve 50,000150,000100,000Land 65,000Inventory 35,000AR 50,000AFDA (50 %u2013 40) 10,000NP 20,000Magdy%u2019s capital 70,000Cash 50,000150,000100,00032
                                
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