Page 54 - 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 54 %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 (8)A, B, & C partners in ABC company with capital balances $100,000, $200,000, & 300,000, respectively. They distribute profit & Loss equally. On 1/4/2020 partner B is retired and receive $220,000 in cash from partner A & C equally. and they agree to record G.W. to all partners.Required: Record the withdrawal of partner B.1- Revaluate AssetsThere is no evaluation2- G.W.His G.W. = 220,000 %u2013 200,000 = 20,000Total G.W. = 20,000 x 3 = 60,000G.W. 60,000A%u2019s capital (60,000 x 1/3) 20,000B%u2019s capital (60,000 x 1/3) 20,000C%u2019s capital (60,000 x 1/3) 20,0003- New capitalA B CBefore 100,000 200,0000 300,000(2) 20,000 20,000 20,000After 120,000 220,000 320,0004- Withdrawal entryB%u2019s capital 220,000A%u2019s capital 110,000C%u2019s capital 110,000Example (9)A, B, & C partners in ABC company with capital balances $100,000, $200,000, & 300,000, respectively. They distribute profit & Loss equally. On 1/4/2020 partner B is retired and receive $220,000 in cash from partner A & C equally. the land was overstated by $15,000 and they agree to record G.W. to retired partner only.Required: Record the withdrawal of partner B.1- Revaluate AssetsA%u2019s capital (15,000 x 1/3) 5,000B%u2019s capital (15,000 x 2/3) 5,000C%u2019s capital (15,000 x 3/3) 5,000Land 15,0002- G.W.His G.W. = 220,000 %u2013 200,000 %u2013 (-) 5,000 = 25,000G.W. 25,000B%u2019s capital 25,0003- New capitalA B CBefore 100,000 200,0000 300,000(1) (5,000) (5,000) (5,000)(2) - 25,000 -After 95,000 220,000 295,0004- Withdrawal entryB%u2019s capital 220,000A%u2019s capital 110,000C%u2019s capital 110,00052