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  • Salary, interest, and bonus calculations across multiple accounting problems

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    Ben Toreja
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    1. The document contains 16 math problems involving financial calculations with cash, assets, liabilities, capital, loans, payments and distributions. 2. Problem 18-19 involves the distribution of profits and losses to four partners based on their capital contributions and loan amounts. 3. Payments are then made to the partners in January and February based on the profit and loss distributions.

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    1. The document contains 16 math problems involving financial calculations with cash, assets, liabilities, capital, loans, payments and distributions. 2. Problem 18-19 involves the distribution of profits and losses to four partners based on their capital contributions and loan amounts. 3. Payments are then made to the partners in January and February based on the profit and loss distributions.

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    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
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    12 views8 pages

    Salary, interest, and bonus calculations across multiple accounting problems

    Uploaded by

    Ben Toreja
    1. The document contains 16 math problems involving financial calculations with cash, assets, liabilities, capital, loans, payments and distributions. 2. Problem 18-19 involves the distribution of profits and losses to four partners based on their capital contributions and loan amounts. 3. Payments are then made to the partners in January and February based on the profit and loss distributions.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 8

    problem 1

    a b
    salaries 200 120 320
    remainder 80 40 40 80
    240 160 400

    problem 4

    inv 90 120
    cash 160 130
    250 250

    a c total 35000
    interest 4000 5000 9000 70000
    salary 12000 12000
    bonus 14000 14000 105000 profit
    remainder 35000 35000 9000 interest
    total 65000 40000 105000 12000 salaarie
    84000 after salaries and interest
    70000 after lahat
    14000 bonus

    problem 5

    carlo john
    dr cr dr cr
    6000 60000 31-Aug 12000 75000 1-May
    10000 1-Apr 6000 1-Nov
    18000 24000
    46000 45000 total before income
    54600 36400 income
    100600 81400 balance after income

    182000

    problem 6
    amy carmela
    salary 20000 10000 30000
    interest 10000 4000 14000
    share income 40000

    problem 7
    100000 40000 100000 25000
    15000

    problem 8
    Jack Jill
    Cash P2,048,400 1,098,360
    Accounts receivable 1,031,960 2,498,716 -108000 -140000
    Inventories 528,160 1,144,448
    Property and
    613,380 852,224
    equipment –net
    Other assets 8,800 15,840
    Total assets P4,230,700 P5,609,588

    Accounts Payable P 787,336 P1,072,060


    Notes payable 1,000,000 -
    Mortgage payable - 1,440,000 200000 -80000
    Jack, Capital 2,443,364
    Jill, Capital 3,097,528
    Total liabilities and 4,230,700 5,609,588
    equity

    2,255,364 3,157,528

    problem 9 sam
    dr cr
    80000 120000
    60000
    100000

    problem 10
    fit ryt total
    salary 20000 20000
    comms 25000 25000
    interest 32000 33600 65600
    bonus 30000 30000 140600
    remainder 35640 23760 59400
    59400 117640 82360 200000
    problem 11
    tcc tac
    aiko 500000 344000
    mina 280000 124000
    780000 312000
    312000 780000

    problem 12
    tcc bonus tac
    a 80000 12000 68000
    b 40000 8000 32000
    c 30000 20000 50000
    150000 150000

    problem 13
    cash inv ap e
    bal before 390000 160000 50000 150000
    inv salw 100000 160000 18000
    balance 490000 0 50000 132000
    payment of liab 50000 50000
    balance 440000 0 0 132000

    problem 14
    cash nca liab n
    bal b4 270000 2020000 1310000 210000
    sale of nca 1820000 2020000 20000
    balance 2090000 0 1310000 190000
    payment of liab 1310000 1310000
    balance 780000 0 0 190000

    problem 15
    cash nca liab v
    cash 3000 79000 12000 40000
    sale of nca 37000 79000 21000
    balance 40000 0 12000 19000
    payment of liab 12000 12000
    balance 28000 0 0 19000
    additional 2000
    balance 30000 19000
    problem 16 cash other assets liab c
    balance before 150000 2600000 750000 400000
    sale of other assets 2300000 2600000 100000
    balacne 2450000 0 750000 300000
    payment of liab 750000 750000
    balanceee 1700000 0 0 300000

    cash nca liab mivkey loan


    20000

    problem 18-19

    mick minn donal dais


    capital 70000 70000 30000 20000
    lkoan 20000 5000 25000 15000
    partners int 90000 75000 55000 35000
    profit ratio 37.5 37.5 12.5 12.5
    loss absorption 240000 200000 440000 280000
    priority 1 -160000 20000
    240000 200000 280000 280000
    prority 2 -40000 -40000 5000
    240000 200000 240000 240000
    priority 3 -40000 -40000 -40000 5000
    200000 200000 200000 200000

    payment 1 Mick minn donald dais total


    20000 20000
    2500 2500 5000
    january 0 0 22500 2500 25000

    payment 2 2500 2500 5000


    15000 5000 5000 25000
    remainder 3750 3750 1250 1250 10000
    feb 18750 3750 8750 8750 40000
    aries and interest

    182000 total capital


    91000 capital before income
    91000 difference
    after income
    290000
    165000
    150000
    15000

    200000 b4 everythinh
    180000 after salaries
    150000 after bonus
    30000 bonus
    g d
    80000 270000
    9600 32400
    70400 237600

    70400 237600

    p c
    390000 380000
    60000 120000 200000
    330000 260000

    330000 260000 780000

    g c
    25000 5000
    14000 7000
    11000 -2000

    11000 -2000
    2000
    11000 0
    m p
    600000 1000000
    100000 100000
    500000 900000

    500000 900000 1700000

    minnie loan donald load daisy loan m mn do da


    5000 25000 15000 70000 70000 30000 20000

    5000

    5000 5000

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