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ORGANZA NATURAL COLOUR SAREE
Material : Organza with excellent Colour combinations with latest colouring techniques using Natural Colours’ + Contrast Blouses...
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- Kris,+Cristy+and+Dina+are+partners+with+capital+balances+on+December+31,+2014+of+P300,000,+P300,000,+and+P200,000,+respectively.+Profits+are+shared+equally.+Dina+wishes+to+withdraw+and+it+is+agreed+that+she+is+to+take+certain+furniture+and+fixtures+at+their+second-hand+value+of+P12,000+and+note+for+the+balance+of+her+interest.+The+furniture+and+fixtures+are+carried+on+the+books+as+fully+depreciated.+Brand+new,+furniture+and+fixtures+may+cost+P20,000.+Dina’s+acquisition+of+the+second-hand+furniture+will+result+to:*1+pointIncrease+in+the+capital+of+P4,000+each+for+Kris,+Cristy+and+Dina.Increase+in+the+capital+of+P6,000+each+for+Kris+and+Cristy.Increase+in+the+capital+of+P10,000+each+for+Kris+and+Cristy.Increase+in+the+capital+of+P8,000+for+Dina.
