Webbondoc According to the U.S. Census Bureau, Bondoc is ranked #21535 in terms of the most common surnames in America. The Bondoc surname appeared 1,212 times in the … WebProblem 3-1 (Division of Profit under Various Assumptions) The capital accounts of Bondoc and Barba at the end of the fiscal year 2014 area follows: Bondoc, Capital P210,000 January 1 Balance 90,000 May Investment October 1 Withdrawal P60,000 Barba, Capital P150,000 January 1 Balance April Withdrawal P30,000 The partnership profit for the …
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WebProfit is divided 60% to Bondoc and 40% to Barba. BONDOC 60% X 300,000 180,000.00 BARBA 40% X 300,000 120,000.00 2. Profit is divided in the ratio of capital balances at the beginning of the period. BONDOC 210,000.00 21/36 X 300,000 175,000.00 BARBA 150,000.00 15/36 X 300,000 125,000.00 360,000.00 300,000.00 3. WebThe profit of the partnership id P400,000 and income tax rate is 30%. Instruction: Determine the amount of bonus under each of the following assumptions: 1. Bonus is computed based on profit before deduction for bonus and income tax. 2. Bonus is computed based on profit after deduction for bonus but before deduction for income tax. 3. tribes involved in the trail of tears
Bondoc capital 305100 barba capital 294400 bondoc - Course …
WebTranscribed image text: Exercise 3-9 (Division of Profit under Various Assumptions) The capital accounts of Bondoc and Barba at the end of the fiscal year 2014 are as follows: … WebBondoc is allowed a bonus of 33 and 1/3% of profit after bonus and the balance of the profit is divided in the ratio of the average capital. Bondoc, Capital January 1 Balance P210, May 1 Investment 90, October 1 Withdrawal P 60, Barba, Capital January 1 Balance P 150, April 1 Withdrawal P 30, Problem 11. WebBONDOC 60% X 300,000 180,000.00 BARBA 40% X 300,000 120,000.00 2. Profit is divided in the ratio of capital balances at the beginning of the period. BONDOC 210,000.00 21/36 X 300,000 175,000.00 BARBA 150,000.00 15/36 X 300,000 125,000.00 360,000.00 300,000.00 3. Profit is divided in the ratio of average capital. terand winterizing wax