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Statement of surplus capital
A (Sh)
B (Sh)
C (Sh)
Total (Sh)
Capitals (1)
X
Profit sharing ratio (2)
capital per unit of profit (1) ¸ (2)
Capital in profit sharing ratio (3)
(X)
Surplus Capital (1) – (3)
-
Capitals
Profit sharing ratio
Capital per unit of profit
Capital in profit sharing ratio
Surplus Capital
Another table known as ‘statement of actual distribution’ is now necessary to ascertain the amount from each collection to be paid to individual partners. It will take the following form:
Capital per unit of profit (1) ¸ (2)
#Which of the two ratios are the greatest? 1.67.1 or 0.29.1
Differences in Inter company balances i) Cash in transit Where one company may have sent cash which is yet to be received by the other company as at the end of the financia
The following market data are available for interest rates and volatilities associated with standard maturities: Suppose you are holding a bond portfolio which invests in a
HELP!!
Clemens Cars' job cost sheet for job A40 shows that the cost to add security features to a car was $10,500. The car was delivered to the customer, who paid $14,900 in cash for the
cisco intangible assets
duality concept
Classifying expenses by nature Under this format, expenses are not classified by their nature i.e. referred to specifically according to their type and the major categories of ex
Extent of Tests of Control -Every year AUDITOR should obtain sufficient evidence about whether company's internal control over financial reporting, including controls for all inter
how do you record this transaction? May 18 Issues 30,000 additional shares of $2 common stock for $75 per share. May 25 Issue 8,000 shares of preferred stock for $125 per sha
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