Adam, Banie and Saiful are partners sharing profit and losses in the ration 3:2:1 respectively. It was agreed between them that each partner will receive an interest on beginning capital balance of 10% per annum and will be charged interest on drawings at 6% per annum. As an active partner Saiful is to be paid monthly salary of RM1,800. The accounting period for the business ends at 31 December each year. On 30 September 2018, Banie decided to leave the partnership due to ill-health. A new partner, Dania was admitted into the partnership. The following terms were agreed upon with the changes:
Required: a) Goodwill account. b) Revaluation account. c) The partners’ capital in a columnar form. d) The current accounts in a columnar form. e) The Statement of Profit and Loss and Appropriation Accounts for the year ended 31 December 2018. (Pre and Post-Period).
HowOur Website Works
1. FILL IN OUR SIMPLE ORDER FORM
It has never been easier to place your order. Fill in the initial requirements
in the small order form located on the home page and press “continue” button
to proceed to the main order form or press “order” button in the header menu.
Starting from there let our system intuitively guide you through all steps of
ordering process.
2. PROCEED WITH THE PAYMENT
All your payments are processed securely through PayPal. This enables us to
guarantee a 100% security of your funds and process payments swiftly.
3. WRITER ASSIGNMENT
Next, we match up your order details with the most qualified freelance writer
in your field.
4. WRITING PROCESS
Once we have found the most suitable writer for your assignment, they start
working on a masterpiece just for you!
5. DELIVERY
Once finished, your final paper will be available for download through your
personal dashboard. You will also receive an email notification with a copy of
your paper attached to it. Sometimes, the writer may leave a note for you
about the order in case there is any additional information that they need to
give you.
