Page 35 - 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 35 %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%u0629Chapter 2We have concluded from the previous lecture that we can calculate the distributable profit as follows:1- Distributable income = net income + interest on drawings + interest on Loan payable - interest on loan receivable2- Prepare distribution factorsAfter preparing distributable income we should distribute it among the partners according to the terms of the contract, which are usually agreed upon by the partners in order to achieve fair distribution. and to achieve this usually the following factors are agreed upon:1) Interest on capital 2) Salary 3) Bonus 4) The remainderto satisfy the owners with bigger capital.to satisfy those who carry out the businessto satisfy those who make profitable deals for the company.= Distributable income - interest on capital - salaries - Bonus.distributed according to the agreed rates among partners3- Prepare Income Allocation scheduleDistribution Factors A B Total1- interest on capital XX XX XX2- Salaries XX XX XX3- Bonus XX XX XX4- Remainder to be divided (2 : 1) XX XX XXTotal XX XX XX4- Recording the distribution of the net profitDue to the complexity of the distribution process, the accountant transfers the distributable profit to a new account called profit & loss distribution %u201cP & L Distribution%u201d. It is a temporary account to complete the distribution process and has no balance.Thus, we can summarize the entries as follows:33Allocation of Net Income=