Page 51 - 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 51 %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%u0629Example (3)A, B, & C partners in ABC company with capital balances $100,000, $200,000, & 300,000, respectively. On 1/4/2020 partner B is retired and receive $235,000 in cash from the company. and they agree to increase the undervalued land by 15000 and to record G.W to all partners.Required: Record the withdrawal of partner B.If the profit & loss ratio is not given, then, we will use the capital ratioIn our example 100,000 : 200,000 :300,000 (1 : 2 : 3) = 61- Revaluate AssetsLand 15,000A%u2019s capital (15,000 x 1/6) 2,500B%u2019s capital (15,000 x 2/6) 5,000C%u2019s capital (15,000 x 3/6) 7,5002- G.W.His G.W. = 235,000 %u2013 200,000 %u2013 5,000 = 30,000Total G.W. = 30,000 x 6/2 = 90,000G.W. 90,000A%u2019s capital (90,000 x 1/6) 15,000B%u2019s capital (90,000 x 2/6) 30,000C%u2019s capital (90,000 x 3/6) 45,0003- New capitalA B CBefore 100,000 200,0000 300,000(1) 2,500 5,000 7,500(2) 15,000 30,000 45,000After 117,500 235,000 352,5004- Withdrawal entryB%u2019s capital 235,000Cash 235,000Example (4)Assume in the last example that the land was overstated (should be decreased) by 15000 and they agree to record G.W. to the retired partner only.1- Revaluate AssetsA%u2019s capital (15,000 x 1/6) 2,500B%u2019s capital (15,000 x 2/6) 5,000C%u2019s capital (15,000 x 3/6) 7,500Land 15,0002- G.W.His G.W. = 235,000 %u2013 200,000 %u2013 (-) 5,000 = 40,000G.W. 40,000B%u2019s capital 40,0003- New capitalA B CBefore 100,000 200,0000 300,000(1) (2,500) (5,000) (7,500)(2) - 40,000 -After 97,500 235,000 292,5004- Withdrawal entryB%u2019s capital 235,000Cash 235,00049