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Accounting (9706) 1401/11/5

Paper 1 October/November 2018 Accounting (9706/11) A Level

CIE AS & A Level Accounting (9706) بهمن 2018
شامل مباحث: AS Level
  تعداد سوالات: 30
  سطح دشواری: متوسط
  شروع: آزاد
  پایان: آزاد
  مدت پاسخگویی: 60 دقیقه

Paper 1 October/November 2018 Accounting (9706/11) A Level
پیش نمایش صفحه اول فایل
ثبت شده در 5 بهمن 1401
  

X, Y and Z were in partnership sharing profits and losses equally. Z retired from the partnership
on 31 March 2022. The balances on his capital account and current account were $\$ 85000$ and
$\$ 7000$ debit respectively. After Z’s retirement, X and Y would share profits and losses equally.

Goodwill was valued at $\$ 24000$ and would not remain in the books of accounts.

As part of the amount due to him, Z took a motor vehicle at an agreed valuation…