Admission transfer of capital (100,000*0.

2) 20,000

Admission transfer of capital (100,000*0.2) a 20,000 12,000 8,000

Excess 10,000 6000 4000
Total cash distribution 30,000 18,000 12,000
 Perez Cadiz Total
Capital balance before net income sharing 24,000 48,000 72,000
profit 5430 10860 16,290
Drawing -5,050 -8,000 -13,050
Capital before admission 24,380 50,860 75,240
18810 18,810
37620 37,620
5,570 13,240 18,810

d
 Gomez Perez Cadiz
amount of capital transferred 18810 6270 12540
Excess 11,190 3730 7460
Total cash distribution 30,000 10000 20000

24000
alice, 37,000 Total resulting capital (150,000/(5/6)) 180000
betty 65,000 Old partner's capital 150,000
clara 48,000 Required cash investment of Diana 30,000
Total partnership capital 150,000
a
Alan capital 80,000
Dino capital 40,000
total partnership capital 120,000
investment in partnership 36,000
new partner's proportionate book value (120000+36,000)*.2 31,200
Goodwill 4,800 c
investment in partnership 40,000
new partner's proportionate book value (110,000+40,000)*(1/3) 50,000
Goodwill -10,000

Ben's capital, beg. 60,000

goodwill (10,000*6/10) 6,000
Ben's capital balance 54,000 b
ROD capital 40,000
sol capital 20,000
total partnership capital 60,000
new partner's proportionate book value (60000+17,000)*.2 15,400 c
investment in partnership 25,000
new partner's proportionate book value (65,000+25,000)*(1/3) 30,000
Goodwill -5,000

Fred's capital, beg. 35,000

goodwill (5,000*7/10) 3,500
Fred's capital balance 31,500

Raul's capital, beg. 30,000

goodwill (5,000*3/10) 1,500
Raul's capital balance 28,500 b
xx 360,000
yy 225,000
zz 135,000
total partnership capital 720,000
Admission transfer of capital (720,000*(1/6)) 120,000
Difference 600,000
number of old partners 3
Each old partner's capital 200000

ww xx yy zz total
New partner's capital balance, beg. 120,000 200,000 200,000 200,000 720,000
profit for 2 months 3150 3150 3150 3150 12,600
drawings
750 each month for 2 months -1,500 -1,500 -3,000
1,000 each month for 2 months -2,000 -2,000 -4,000
New partner's capital balance, end 121,150 201,650 201,150 201,650 725,600

Total resulting capital (604,450/(2/3)) 906675

Old partner's capital 604,450
difference 302,225
New partner's capital balance, end 121,150
Required cash investment of ww 181,075 b
 19,250
4250
33.333333333333300% 1750
8.333333 21,750
16.66667
25
a 25750 4,250 30,000
b 19,750 4,250 24,000
c 45,000 8,500 53,500