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What is the amount to be received by A

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Q1. Partners A, B, C and D formed a partnership on January 1, 2019 with original investments P100,000; P200,000; P300,000 and P400,000, respectively. On January 1, 2021, their capital balances are P150,000; P250,000; P250,000 and P350,000, respectively. On July 1, 2021, A added P200,000 investment, B added P100,000 investment and C added P100,000 accrued evenly during the year. The partnership profit for year ending 2021 is P1,000,000. On December 31, 2021, they have decided to terminate the partnership. X is buying the partnership for P3,000,000 before settlement to outside creditors P400,000. What is the amount to be received by A if the partnership accepted the offer of X?

Q2. Partners A, B, C and D formed a partnership on January 1, 2019 with original investments P100,000; P200,000; P300,000 and P400,000, respectively. On January 1, 2021, their capital balances are P150,000; P250,000; P250,000 and P350,000, respectively. On July 1, 2021, A added P200,000 investment, B added P100,000 investment and C added P100,000. The partnership profit for year ending 2021 is P1,000,000 accrued evenly during the year. On December 31, 2021, they have decided to terminate the partnership. X is buying the partnership for P3,000,000 after settlement to outside creditors P400,000. What is the amount to be received by B if the partnership accepted the offer of X?

Q3. Partners A, B, C and D formed a partnership on January 1, 2019 with original investments P100,000; P200,000; P300,000 and P400,000, respectively. On January 1, 2021, their capital balances are P150,000; P250,000; P250,000 and P350,000, respectively. On July 1, 2021, A added P200,000 investment, B added P100,000 investment and C added P100,000. The partnership profit for year ending 2021 is P1,000,000 accrued evenly during the year. On December 31, 2021, they have decided to terminate the partnership. X is buying the partnership for P2,000,000 before settlement to outside creditors P400,000. What is the amount to be received by D if the partnership accepted the offer of X?

Q4. Partners A, B, C and D formed a partnership on January 1, 2019 with original investments P100,000; P200,000; P300,000 and P400,000, respectively. On January 1, 2021, their capital balances are P150,000; P250,000; P250,000 and P350,000, respectively. On July 1, 2021, A added P200,000 investment, B added P100,000 investment and C added P100,000. The partnership profit for year ending 2021 is P1,000,000 accrued evenly during the year. On December 31, 2021, they have decided to terminate the partnership. X is buying the partnership for P2,000,000 after settlement to outside creditors P400,000. What is the amount to be received by D if the partnership accepted the offer of X?

Reference no: EM133171266

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