Professional Documents
Culture Documents
Assignment 1
Assignment 1
BS Accountancy
A B
Actual Contribution 200,000 80,000
Required Capital Balance 168,000 112,000
Additional (withdrawal) 32,000 -32,000
Allocation:
1. Salaries 30,000
2.Interest (10%)
(120,000 x 10%) 12,000
(60,000 x 10%) 6,000
(40,000 x 10%)
AAA
Allocation:
1. Bonus to AAA
First 100,000: (100,000 x 10%) 10,000
Over 100,000: [(250,000 - 100,000) x 20%] 30,000
Allocated 108,000
Adam Eve
Amount to be allocated: 360,000
Allocation:
1. Salaries 60,000 60,000
2. Bonus after bonus 60,000
3. Allocation of receiving profit 90,000 90,000
[(360,000 - 60,000 - 60,000 - 60,000) / 2]
Total
280,000
280,000
0
CCC TOTAL
20,000 50,000
4,000
22,000
11,000 33,000
13,000 39,000
BBB CCC
3,000 3,000
68,000 68,000
71,000 71,000
Increase or Decrease
18250
-18250
0