Page 66 - 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 66 %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 (7)Partners (A & B) agreed to admit Partner (C) to their partnership for 25% interest in capital and P & L. Capital (A) is $200,000, Capital (B) is $300,000 and they have shared P & L Equally. Partner (C) invested Cash of $200,000. The partners agreed to use Bonus Method to record this admission.Required: Prepare the Journal Entry (ies) to record the admission of Partner (C).1- Revaluate AssetsThere is no evaluation2- Total Capital after AdmissionOld capital + new investment= (200,000 + 300,000) + 200,000= 700,0003- New Partner's ShareTotal Capital after %u2777 x new partner ratio= 700,000 x 25% = 175,0004- Admission Entrynew investment- New Partner's Share (3) The difference = 200,000 %u2013 175,000= +25,000Bonus from New Partner to Old Partners allocated by P & L Ratio= (25000 x (1/2) =12,500 eachWill be recorded with the admission entryCash 200,000 A%u2019s capital %uf0c7 12,500 B%u2019s capital %uf0c7 12,500 C%u2019s capital %uf0c7 175,000Example (8)Partners (A & B) agreed to admit Partner (C) to their partnership for 1/3 interest in capital and P & L. Capital (A) is $70,000, Capital (B) is $60,000 and they have shared P & L on the ratio of 7:3. Partner (C) invested Cash of $50,000. The partners agreed to use Bonus Method to record this admission.Required: Prepare the Journal Entry (ies) to record the admission of Partner (C).1- Revaluate AssetsThere is no evaluation2- Total Capital after AdmissionOld capital + new investment= (70,000 + 60,000) + 50,000= 180,0003- New Partner's ShareTotal Capital after %u2777 x new partner ratio= 180,000 x (1/3) = 60,0004- Admission Entrynew investment- New Partner's Share (3) The difference = 50,000 %u2013 60,000= (10,000)Bonus from Old Partners to New will be deducted from old partners by their ratioCash 50,000A%u2019s capital (10,000 (7/10) 7000B%u2019s capital (10,000 (3/10) 1000 C%u2019s capital %uf0c7 60,000If there is a difference and they did not agreeto record G.W Its bons even if not mentionedthe old is the remainder (1- 25%) = 75%.64