Page 74 - 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 74 %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%u0629(1): Sale of Non- Cash Assets with Loss:cash (+)the price 80,000 & the Non- Cash (-) with. 100,000 &the difference 20,000 (-) Capital by Ratios (2:2:1)(2)Paying Liquidation Expenses cash (-) 5,000 & (-) Capital as a loss by Ratios (2:2:1)(3) Paying preferrred Liabilities cash (-) 30,000 & Liabilities (-) 30,000(4) Paying ordinary Liabilities cash (-) 22,000 & Liabilities (-) 6,000&the difference 3,000 (+) Capital(5) Paying Capital to Partners cash (-) 63,000 & capial (-) 63,000Entry for each step (line) as follo1) Sale of Non-Cash Assets with LossCash (Selling Price) %uf0c7 80,000Capital (A) %uf0c8 8,000Capital (B) %uf0c8 8,000Capital (C) %uf0c8 4,000 Non-Cash Assets (Book Value) %uf0c8 100,0002) Paying Liquidation ExpensesCapital (A) %uf0c8 2,000Capital (B) %uf0c8 2,000Capital (C) %uf0c8 1,000 Cash %uf0c8 5,0003) Paying preferred Liabilities Salaries Payable %uf0c8 40,000 cash %uf0c8 40,0004) Paying Ordinary Liabilities after taking discountLiabilities %uf0c8 25,000 Cash %uf0c8 22,000 Capital (A) %uf0c7 1,200 Capital (B) %uf0c7 1,200 Capital (C) %uf0c7 6005) Paying capitalsCapital (A) %uf0c8 26,200Capital (B) %uf0c8 21,200Capital (C) %uf0c8 15,600 Cash %uf0c8 63,000 6)We pay 22,000 cash decreased%u2014for liabilities 25,000 decreasedwe pay less than we should the difference 3,000 is Gain to be allocated (added) to Capital by Ratios72Second: Liquidation Entries