Page 7 - 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 7 %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 (2)On January 1, 2020, A & B formed their partnership with total capital $200,000, and they agreed to share it according to 75% to %u201cA%u201d and 25% to %u201cB%u201d, and each partner contributed his share in cash. If you know that %u201cA%u201d paid his share on 3/1, & %u201cB%u201d paid his share on 5/1.Required: 1- Prepare the Journal Entries to record the formation of the partnership.2- Prepare the Opening Balance Sheet of the partnership on the formation date.Partner %u201cA%u201d Partner %u201cB%u201dHis share = 200,000 %u00d7 75% = 150,000Cash 150,000A%u2019s capital 150,000His share = 200,000 %u00d7 25% = 50,000Cash 50,000B%u2019s capital 50,000Assets Balance sheet on 5/1/2020: Liabilities & O.ECash 200,000 A%u2019s capital 150,000B%u2019s capital 50,000200,000 200,000Example (3)On January 1, 2020, A & B agreed to form a general partnership with total capital $100,000 to be divided between them at ratio of 4:1 respectively. Each partner paid his contribution in cash on the formation date. If you know that %u201cA%u201d paid his share on 5/1, & %u201cB%u201d paid his share on 7/1.Required: 1- Prepare the Journal Entries to record the formation of the partnership.2- Prepare the Opening Balance Sheet of the partnership on the formation date.How is the $100,000 distributed in a 4: 1 ratio?partner A B totalratio 4 1 5ratio share4515Partner %u201cA%u201d Partner %u201cB%u201dHis share = 100,000 %u00d74 = 80,000 5Cash 80,000A%u2019s capital 80,000His share = 100,000 %u00d71 = 20,000 5Cash 20,000B%u2019s capital 20,000Assets Balance sheet on 5/1/2020: Liabilities & O.Ecash 100,000 A%u2019s capital 80,000B%u2019s capital 20,000100,000 100,0005