30 - 2019 profit of Alper Sinan and Partners Collective is 100,000 TL. The company was established with a capital of 200.000 TL. The capital shares of the partners of the company are as follows: Joint Capital Share Alper Sinan 50,000 Turker Sinan 70.000 Ilker Sinan 80.000 According to the notarized contract of the company, the profit distribution will be made in proportion to the capital shares of the partners. What should be the amount that Alper Sinan should receive from the profit? A) None B) 40,000 C) 55,000 D) 35,000 E) 22,250

30 - 2019 profit of Alper Sinan and Partners Collective is 100,000 TL. The company was established with a capital of 200.000 TL. The capital shares of the partners of the company are as follows: Joint Capital Share Alper Sinan 50,000 Turker Sinan 70.000 Ilker Sinan 80.000 According to the notarized contract of the company, the profit distribution will be made in proportion to the capital shares of the partners. What should be the amount that Alper Sinan should receive from the profit? A) None B) 40,000 C) 55,000 D) 35,000 E) 22,250

Financial Accounting

14th Edition

ISBN:9781305088436

Author:Carl Warren, Jim Reeve, Jonathan Duchac

Publisher:Carl Warren, Jim Reeve, Jonathan Duchac

Chapter12: Accounting For Partnerships And Limited Liability Companies

Section: Chapter Questions

Problem 9E

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