maximum loss method, Financial Accounting

a,b,c carried on business and their profit and loss ratio 3:4:5.they decided dissolve the partnership as on 1st july,2011.the following balance sheet.....
creditors-10000
loan A/c-B-2000
sundry assets-36000capital account...
a-12000
B-8000
C-4000

the net amount realised....
1st instalment 5000
2nd 10000
3rd 5100
4th-6300
5th-5700
Posted Date: 8/21/2014 1:46:07 PM | Location : USA







Related Discussions:- maximum loss method, Assignment Help, Ask Question on maximum loss method, Get Answer, Expert's Help, maximum loss method Discussions

Write discussion on maximum loss method
Your posts are moderated
Related Questions
What is the objective of performing this test? What is the sampling unit? What is the population? These are the questions I am confused on the sampling and population I have som

Define why country in rigorous recession reflect on devaluation? Countries can deal with the both internal problems with external solutions. Why might a country in rigorous rec

The following table represents the demand for a product for the years 1990 to 2007: a.    Develop a linear trend line and use it to predict the quantity demanded for 2008,

I have a presentation on an article (around 20 pages). I also need 2 current real life examples (2 companies) to support the presentation. Can you do that? How long it will take yo

Q. What is Permanent Negotiating Machinery? Two Federation of Union All Indian Railway men's federation (AIRF) & National Federation of Indian Railway (NFIR) men have been reco

Investments under the Trustee Act The act defines the categories of investment as follows:         1. Fixed interest securities are: Securities which under their te

On May 19, 2010, Kim placed in service a LIGHT VAN that cost $54,850. It is used 80% for business each year. What is the maximum cost recovery deduction available for the van in 20

Determine the Features of Accounting information system Accounting information system must have certain features which are common to all valid information systems within a bus

Can I send you my homework?

Q. What do you mean by earnings per share? Anti-dilution - Condition which may increase computation of EARNINGS PER SHARE (EPS)or decrease loss per share solely due to the incl