Documenti di Didattica
Documenti di Professioni
Documenti di Cultura
1 Payment to A 20,000.00
2 Payment to A 0
3 Payment to A 0
4 Additional investments 0
8 Claim of D's creditor, personal creditor is equivalent to the payment he received from the partnership
7,200.00
Problem D 30% 20% 50%
A B C TOTAL
Capital interest 80,000.00 90,000.00 130,000.00 300,000.00
Loss on Realization (79,200.00) (52,800.00) (132,000.00) (264,000.00)
Liquidation expense (3,600.00) (2,400.00) (6,000.00) (12,000.00)
Balances (2,800.00) 34,800.00 (8,000.00) 24,000.00
Loss Absorption 2,800.00 (10,800.00) 8,000.00 -
Payments to Partners - 24,000.00 - 24,000.00
TOTAL
240,000.00
(132,000.00)
108,000.00
9,400.00
117,400.00
m the partnership
Note: Workback to answer number 9 and 10