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B and G have dissloved their partnership. At the end of the piecemeal distribution, the remain cash is 1,40,000. B's Capital balance is 68,000, and G's Capital balance is 72,000. The partnership agreement states that they will share profits and losses on a 2: 1 ratio. The amou of cash to be distributed to B is (d) 68,000 (c) (d) 5 25. On t 745 cast 4th Amo (a) (c) (d) 9,000 (e) 18,000 (b) 6,000 (c) 6,153 (a) 66,667 (c) 70,000?
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B and G have dissloved their partnership. At the end of the piecemeal ...
Calculation of B and G's Profit and Loss Sharing Ratio
The first step in determining the amount of cash to be distributed to B is to calculate the profit and loss sharing ratio of B and G according to their partnership agreement. The ratio is given as 2:1, which means that B will receive twice the amount of profit or loss as compared to G.
Distribution of Cash
After the piecemeal distribution, the remaining cash is 1,40,000. To calculate the amount of cash to be distributed to B, we need to first calculate the total capital of the partnership. The total capital of the partnership is the sum of B's and G's capital balances, which is 68,000 + 72,000 = 1,40,000.
Now, we can calculate the ratio of B's capital to the total capital of the partnership, which is 68,000/1,40,000 = 4/7. This means that B is entitled to receive 4/7th of the remaining cash.
Finally, we can calculate the amount of cash to be distributed to B by multiplying the total remaining cash by the ratio of B's capital to the total capital of the partnership. Therefore, the amount of cash to be distributed to B is (4/7) x 1,40,000 = 80,000.
Conclusion
The amount of cash to be distributed to B is 80,000. This is calculated by first determining the profit and loss sharing ratio of B and G, and then calculating the ratio of B's capital to the total capital of the partnership. Finally, the amount of cash to be distributed to B is determined by multiplying the total remaining cash by the ratio of B's capital to the total capital of the partnership.
The first step in determining the amount of cash to be distributed to B is to calculate the profit and loss sharing ratio of B and G according to their partnership agreement. The ratio is given as 2:1, which means that B will receive twice the amount of profit or loss as compared to G.
Distribution of Cash
After the piecemeal distribution, the remaining cash is 1,40,000. To calculate the amount of cash to be distributed to B, we need to first calculate the total capital of the partnership. The total capital of the partnership is the sum of B's and G's capital balances, which is 68,000 + 72,000 = 1,40,000.
Now, we can calculate the ratio of B's capital to the total capital of the partnership, which is 68,000/1,40,000 = 4/7. This means that B is entitled to receive 4/7th of the remaining cash.
Finally, we can calculate the amount of cash to be distributed to B by multiplying the total remaining cash by the ratio of B's capital to the total capital of the partnership. Therefore, the amount of cash to be distributed to B is (4/7) x 1,40,000 = 80,000.
Conclusion
The amount of cash to be distributed to B is 80,000. This is calculated by first determining the profit and loss sharing ratio of B and G, and then calculating the ratio of B's capital to the total capital of the partnership. Finally, the amount of cash to be distributed to B is determined by multiplying the total remaining cash by the ratio of B's capital to the total capital of the partnership.
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B and G have dissloved their partnership. At the end of the piecemeal distribution, the remain cash is 1,40,000. B's Capital balance is 68,000, and G's Capital balance is 72,000. The partnership agreement states that they will share profits and losses on a 2: 1 ratio. The amou of cash to be distributed to B is (d) 68,000 (c) (d) 5 25. On t 745 cast 4th Amo (a) (c) (d) 9,000 (e) 18,000 (b) 6,000 (c) 6,153 (a) 66,667 (c) 70,000?
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B and G have dissloved their partnership. At the end of the piecemeal distribution, the remain cash is 1,40,000. B's Capital balance is 68,000, and G's Capital balance is 72,000. The partnership agreement states that they will share profits and losses on a 2: 1 ratio. The amou of cash to be distributed to B is (d) 68,000 (c) (d) 5 25. On t 745 cast 4th Amo (a) (c) (d) 9,000 (e) 18,000 (b) 6,000 (c) 6,153 (a) 66,667 (c) 70,000? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about B and G have dissloved their partnership. At the end of the piecemeal distribution, the remain cash is 1,40,000. B's Capital balance is 68,000, and G's Capital balance is 72,000. The partnership agreement states that they will share profits and losses on a 2: 1 ratio. The amou of cash to be distributed to B is (d) 68,000 (c) (d) 5 25. On t 745 cast 4th Amo (a) (c) (d) 9,000 (e) 18,000 (b) 6,000 (c) 6,153 (a) 66,667 (c) 70,000? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for B and G have dissloved their partnership. At the end of the piecemeal distribution, the remain cash is 1,40,000. B's Capital balance is 68,000, and G's Capital balance is 72,000. The partnership agreement states that they will share profits and losses on a 2: 1 ratio. The amou of cash to be distributed to B is (d) 68,000 (c) (d) 5 25. On t 745 cast 4th Amo (a) (c) (d) 9,000 (e) 18,000 (b) 6,000 (c) 6,153 (a) 66,667 (c) 70,000?.
B and G have dissloved their partnership. At the end of the piecemeal distribution, the remain cash is 1,40,000. B's Capital balance is 68,000, and G's Capital balance is 72,000. The partnership agreement states that they will share profits and losses on a 2: 1 ratio. The amou of cash to be distributed to B is (d) 68,000 (c) (d) 5 25. On t 745 cast 4th Amo (a) (c) (d) 9,000 (e) 18,000 (b) 6,000 (c) 6,153 (a) 66,667 (c) 70,000? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about B and G have dissloved their partnership. At the end of the piecemeal distribution, the remain cash is 1,40,000. B's Capital balance is 68,000, and G's Capital balance is 72,000. The partnership agreement states that they will share profits and losses on a 2: 1 ratio. The amou of cash to be distributed to B is (d) 68,000 (c) (d) 5 25. On t 745 cast 4th Amo (a) (c) (d) 9,000 (e) 18,000 (b) 6,000 (c) 6,153 (a) 66,667 (c) 70,000? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for B and G have dissloved their partnership. At the end of the piecemeal distribution, the remain cash is 1,40,000. B's Capital balance is 68,000, and G's Capital balance is 72,000. The partnership agreement states that they will share profits and losses on a 2: 1 ratio. The amou of cash to be distributed to B is (d) 68,000 (c) (d) 5 25. On t 745 cast 4th Amo (a) (c) (d) 9,000 (e) 18,000 (b) 6,000 (c) 6,153 (a) 66,667 (c) 70,000?.
Solutions for B and G have dissloved their partnership. At the end of the piecemeal distribution, the remain cash is 1,40,000. B's Capital balance is 68,000, and G's Capital balance is 72,000. The partnership agreement states that they will share profits and losses on a 2: 1 ratio. The amou of cash to be distributed to B is (d) 68,000 (c) (d) 5 25. On t 745 cast 4th Amo (a) (c) (d) 9,000 (e) 18,000 (b) 6,000 (c) 6,153 (a) 66,667 (c) 70,000? in English & in Hindi are available as part of our courses for B Com.
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B and G have dissloved their partnership. At the end of the piecemeal distribution, the remain cash is 1,40,000. B's Capital balance is 68,000, and G's Capital balance is 72,000. The partnership agreement states that they will share profits and losses on a 2: 1 ratio. The amou of cash to be distributed to B is (d) 68,000 (c) (d) 5 25. On t 745 cast 4th Amo (a) (c) (d) 9,000 (e) 18,000 (b) 6,000 (c) 6,153 (a) 66,667 (c) 70,000?, a detailed solution for B and G have dissloved their partnership. At the end of the piecemeal distribution, the remain cash is 1,40,000. B's Capital balance is 68,000, and G's Capital balance is 72,000. The partnership agreement states that they will share profits and losses on a 2: 1 ratio. The amou of cash to be distributed to B is (d) 68,000 (c) (d) 5 25. On t 745 cast 4th Amo (a) (c) (d) 9,000 (e) 18,000 (b) 6,000 (c) 6,153 (a) 66,667 (c) 70,000? has been provided alongside types of B and G have dissloved their partnership. At the end of the piecemeal distribution, the remain cash is 1,40,000. B's Capital balance is 68,000, and G's Capital balance is 72,000. The partnership agreement states that they will share profits and losses on a 2: 1 ratio. The amou of cash to be distributed to B is (d) 68,000 (c) (d) 5 25. On t 745 cast 4th Amo (a) (c) (d) 9,000 (e) 18,000 (b) 6,000 (c) 6,153 (a) 66,667 (c) 70,000? theory, EduRev gives you an
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