solution-elearning-Q-6-Parnership-2-1.docx

solution-elearning-Q-6-Parnership-2-1.docx - Assignment...

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Assignment Question : E- learning Q 6 solution .Sem 1 2016 Part A:Simpson & Richard Simpson Cash at Bank $ 20000 A/C Receivables 12800 Inventory 22500 Machinery 55000 A/C Payables 12000 Capital 98300 110300 110300 Richards Cash at Bank 10000 A/C Receivables 11000 Inventory 18300 Machinery 35000 A/C Payables 15000 Capital 59300 74300 74300 Part B: Method 1 Variable capital
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