Page 55 - 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 55 %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%u0629Exercise (1): A, B, & C partners in ABC company with capital balances $500,000, $200,000, & 300,000, respectively. They distribute profit & Loss equally. On 1/4/2020 partner B is retired and receive $200,000 in cash from the company. the Land undervalued (understated) by $100,000Required: Record the withdrawal of partner B.Exercise (2): A, B, & C partners in ABC company with capital balances $100,000, $200,000, & 300,000, respectively. They distribute profit & Loss by a ratio of 2 : 1 : 1, respectively. On 1/4/2020 partner A is retired and receive $150,000 in cash from the company. Partners agree to record G.W. to the retired partner only.Required: Record the withdrawal of partner A.Exercise (3): A, B, & C partners in ABC company with capital balances $100,000, $200,000, & 300,000, respectively. On 1/4/2020 partner C is retired and receive $345,000 in cash from the company. Partners agree to increase the undervalued Land by $30,000 & record G.W. to all partners.Required: Record the withdrawal of partner C.Exercise (4): A, B, & C partners in ABC company with capital balances $100,000, $200,000, & 300,000, respectively. On 1/4/2020 partner C is retired and receive $360,000 in cash from the company. Partners agree to decrease the overvalued Land by $15,000 & record G.W. to partner C only.Required: Record the withdrawal of partner C.Exercise (5):A, B, & C partners in ABC company with capital balances $100,000, $200,000, & 300,000, respectively. They distribute profit & Loss by a ratio of 1 : 1 : 2, respectively. On 1/4/2020 partner C is retired and receive $150,000 in cash from the company. And the company signed $200,000 NB to him. Required: Record the withdrawal of partner C.Exercise (6): Yasser Tamer HossamCapital 100000 200000 300000P&L ratio 2 : 3 : 5Yasser is retired and Hossam purchases his share for $180000Required: Prepare the separation entry.Exercise (7): Yasser Tamer HossamCapital 100000 200000 300000P&L ratio 2 : 3 : 5The land was undervalued (understated ) by 100000.Yasser is retired and Hossam purchases his share for $180000Required: Prepare the separation entry.Exercise (8): Yasser Hossam TamerCapital 100000 200000 300000H&T purchase Y%u2019s capital equally for total amount of 150000. and they agree to record G.W. to all partners.Required: Prepare the separation entry.Exercise (9): Yasser Tamer FawzyCapital 100000 200000 300000P&L ratio 3 : 5 : 2T&F purchase Y%u2019s capital equally for total amount of 145000. and the land was overstated (should be decreased) by 60000 and they agree to record G.W. to the retired partner only. Required: Prepare the separation entry.53