The accounts of the partnership of A, B and C at the end of its fiscal year 011 October 31, 2021 are as follows: Cash 78,750 Other Non-Cash Assets 682,500 Liabilities P262,500 Loan to B 26,250 Loan from C 52,500 A, Capital (30%) 236,250 B, Capital (50%) 157,500 C, capital (20%) 78,750 8. If P90,000 is available for distribution to partners after all non-partner liabilities are paid, how much should A receive? 9. If in the first distribution, B received 6,250, how much should C have received at this point? 10. If in the first distribution, A received 172,500, how much should B have received? 11. If in the first distribution, C received 37,500, how much is the total cash distributed? 12. If in the first distribution, A received 73,500, how much should C have received? 143. If B received a total of 15,000 as a result of the liquidation, what was the total amount realized from the sale of the non-cash assets?
The accounts of the
Cash 78,750
Other Non-Cash Assets 682,500 Liabilities P262,500
Loan to B 26,250 Loan from C 52,500
A, Capital (30%) 236,250
B, Capital (50%) 157,500
C, capital (20%) 78,750
8. If P90,000 is available for distribution to partners after all non-partner liabilities are paid, how much should A receive?
9. If in the first distribution, B received 6,250, how much should C have received at this point?
10. If in the first distribution, A received 172,500, how much should B have received?
11. If in the first distribution, C received 37,500, how much is the total cash distributed?
12. If in the first distribution, A received 73,500, how much should C have received?
143. If B received a total of 15,000 as a result of the liquidation, what was the total amount realized from the sale of the non-cash assets?
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