AABB and CCDD are partners that had the following capital movements during 202X AABB CCDD 100,000 18,000 January 1 capital balance 120,000 Temporary drawings (P1,500 at the start of every month) 18,000 Permanent withdrawals June 1 12,000 May 1 15,000 Additional investments July 1 40,000 October 1 50,000 How much is the weighted average capital for Doctor Strange and Black Panther? CCDD AABB AABB CCDD 122,500 103,500 A. 113,000 104,000 C. В. 122,000 131,000 131,500 130,500 D.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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AABB
and
CCDD
are partners that had the following capital movements during 202X
AABB
CCDD
January 1 capital balance
Temporary drawings (P1,500 at the start of every month)
100,000
120,000
18,000
18,000
Permanent withdrawals
June 1
12,000
May 1
15,000
Additional investments
July 1
October 1
40,000
50,000
How much is the weighted average capital for Doctor Strange and Black Panther?
AABB
122,000
131,000
AABB
CCDD
CCDD
А.
113,000
104,000
122,500
103,500
C.
131,500
130,500
В.
D.
Transcribed Image Text:AABB and CCDD are partners that had the following capital movements during 202X AABB CCDD January 1 capital balance Temporary drawings (P1,500 at the start of every month) 100,000 120,000 18,000 18,000 Permanent withdrawals June 1 12,000 May 1 15,000 Additional investments July 1 October 1 40,000 50,000 How much is the weighted average capital for Doctor Strange and Black Panther? AABB 122,000 131,000 AABB CCDD CCDD А. 113,000 104,000 122,500 103,500 C. 131,500 130,500 В. D.
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