BTX Question
Louise89
Registered Posts: 296 Dedicated contributor 🦉
Just not getting this question...
Practice CBT 1
Q 1.3
Harry & Vi are in a partnership. Accounting Y/E 31/Oct
31/Oct/08 7560
31/Oct/09 9000
31/Oct/10 9480
31/Oct/11 4920
In December 2009 Vi left the partnership.
1 January 2010 Russell joined.
Throughout all periods the profits are shared equally.
Profit assessable for;
Vi 09/10 5290
Harry 09/10 4500
Russell 09/10 1185
Russell 10/11 4360
Russell 11/12 2460
Russells overlap profits 1595
Could anyone show me how to get to these figures? My calcs are slightly out
Practice CBT 1
Q 1.3
Harry & Vi are in a partnership. Accounting Y/E 31/Oct
31/Oct/08 7560
31/Oct/09 9000
31/Oct/10 9480
31/Oct/11 4920
In December 2009 Vi left the partnership.
1 January 2010 Russell joined.
Throughout all periods the profits are shared equally.
Profit assessable for;
Vi 09/10 5290
Harry 09/10 4500
Russell 09/10 1185
Russell 10/11 4360
Russell 11/12 2460
Russells overlap profits 1595
Could anyone show me how to get to these figures? My calcs are slightly out
0
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