What is the total bonus, if any, that is given to the old partner? b. What is the total goodwill, if any, that is given to the old partners? c. What is the capital balance of A after the admission by direct purchase and admission by investment of Dong?
A, B and C are partners sharing profits in the ratio of 3:3:2. On June 30, their capital balances are as follows: A, 720, 000; B, 480, 000 and C, 360, 000.
Dong will directly purchase 1/3 of A’s interest for 250, 000 and no bonus or
a. What is the total bonus, if any, that is given to the old partner?
b. What is the total goodwill, if any, that is given to the old partners?
c. What is the capital balance of A after the admission by direct purchase and admission by investment of Dong?
d. What is the capital balance of B after the admission by direct purchase and admission by investment of Dong?
e. What is the capital balance of C after the admission by direct purchase and admission by investment of Dong?
f. What is the total equity of the partnership after the admission by direct purchase and admission by investment of Dong?
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