College of Business, Entrepreneurship and Accountancy
College of Business, Entrepreneurship and Accountancy
College of Business, Entrepreneurship and Accountancy
College of Business,
Entrepreneurship and
Accountancy
BSA 102
Principles of Accounting Part 2
2nd Semester, SY 2012-2013
Partnership
College of Business, Entrepreneurship and Accountancy
Balance 136,00
before
Liquidation 8,000 0 44,800 2,000 3,200 38,000 24,000 32,000
Sale of Assets
and (136,00 (24,800 (24,800 (12,400
distribution of
gain 74,000 0) ) ) )
(44,800 (44,800
Payment of
Liabilities ) )
Loan Capital
Other Encina - Endrada Elina -
Cash Assets Liabilities Endrada Elina 40% - 40% 20%
Balance
before
Liquidation 8,000 136,000 44,800 2,000 3,200 38,000 24,000 32,000
Sale of
Assets and (136,00 (27,200 (27,200 (13,600
distribution
of gain 68,000 0) ) ) )
(44,800 (44,800
Payment of
Liabilities ) )