The ALD Partnership shows the following profit and loss ratios and capital balances: Aquino (60%) P252,000; Locsin (30%) P126,000; Dizon (10%) P42,000. The partners decide to sell to Hizon 20 percent of their respective capital and profit and loss interests for a total payment of P90,000. Hizon will pay the money directly to the other par ers. What are the capital balances of the partners after Hizon's admission to the partnership? * Aquino P198,000; Locsin P99,000; Dizon P33,000; Hizon P90,000 Aquino P201,600; Locsin P100,800; Dizon P33,600; Hizon P84,000 Aquino P216,000; Locsin P108,000; Dizon P36,000; Hizon P90,000 Aquino P255,699; Locsin P127,800; Dizon P42,600; Hizon P84,000
The ALD Partnership shows the following profit and loss ratios and capital balances: Aquino (60%) P252,000; Locsin (30%) P126,000; Dizon (10%) P42,000. The partners decide to sell to Hizon 20 percent of their respective capital and profit and loss interests for a total payment of P90,000. Hizon will pay the money directly to the other par ers. What are the capital balances of the partners after Hizon's admission to the partnership? * Aquino P198,000; Locsin P99,000; Dizon P33,000; Hizon P90,000 Aquino P201,600; Locsin P100,800; Dizon P33,600; Hizon P84,000 Aquino P216,000; Locsin P108,000; Dizon P36,000; Hizon P90,000 Aquino P255,699; Locsin P127,800; Dizon P42,600; Hizon P84,000
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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I need correct answer and correct computation. Thank you!
Transcribed Image Text:TNT 6 O
ON 68% 11:15
The ALD Partnership shows the
following profit and loss ratios and
capital balances: Aquino (60%)
P252,000; Locsin (30%) P126,000;
Dizon (10%) P42,000. The partners
decide to sell to Hizon 20 percent of
their respective capital and profit and
loss interests for a total payment of
P90,000. Hizon will pay the money
directly to the other partners. What
are the capital balances of the
partners after Hizon's admission to
the partnership? *
Aquino P198,000; Locsin P99,000;
Dizon P33,000; Hizon P90,000
Aquino P201,600; Locsin P100,800;
Dizon P33,600; Hizon P84,000
Aquino P216,000; Locsin P108,000;
Dizon P36,000; Hizon P90,000
Aquino P255,699; Locsin P127,800;
Dizon P42,600; Hizon P84,000
At December 31, Rod and Sol are
partners with capital balances of
P40,000 and P20,000, and they
Transcribed Image Text:TNT 6 O
ON 68%
DI 11:15
Fred, Greg, and Henry are partners
with average capital balances during
2019 of P120,000 and P60,000 and
P40,000 , respectively. Partners
receive 10 percent interest on their
average capital balances. After
deducting salaries pf P30,000 to
Fred and P20,000 to Henry , the
remaining profit or loss is divided
equally. In 2019, the partnership
sustained a P33,000 loss before
interest and salaries to partners. By
what amount should Fred's capital
account change? *
O P7,000 increase
P11,000 decrease
P35,000 decrease
P42,000 increase
The ALD Partnership shows the
following profit and loss ratios and
capital balances: Aquino (60%)
P252,000; Locsin (30%) P126,000;
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