ASSUMPTION 1

Adjustment: CC
Other Assets 10,000.00 Ditas, Capital 35,000.00
Ditas, Capital 3,000.00 Dulce, Capital 50,000.00
Dulce, Capital 3,000.00 Daria, Capital 25,000.00
Daria, Capital 4,000.00
To Record Daria's Retirement Using AR Method Daria, Capital 33,000.00
10,000 x 30% = 3,000 Cash
10,000 x 30% = 3,000
10,000 x 40% = 4,000 Compound Entry:
Other Assets 10,000.00
ASSUMPTION 2 Daria, Capital 29,000.00
Cash
Daria, Capital 29,000.00 Ditas, Capital
Ditas, Capital 2,000.00 Dulce, Capital
Dulce, Capital 2,000.00
Cash 33,000.00
To Record Daria's Retirement Using Bonus Method

ASSUMPTION 3

The Method to be Preferred by Ditas is either Asset Revaluation or Bonus Method

 Profit Drawings AC
6,000.00 41,000.00
6,000.00 56,000.00
8,000.00 (4,000.00) 29,000.00

33,000.00

33,000.00
3,000.00
3,000.00