The document discusses partnership dissolution and the admission of new partners. It provides examples of admitting a new partner through the purchase of interest from existing partners or through direct investment in the partnership. When a partner purchases interest, journal entries debit the selling partners' capital accounts and credit the new partner's capital account. When a partner invests, their capital account is credited for the amount invested, with any difference allocated to existing partners. The document provides multiple examples and requirements to practice different partnership admission scenarios.
This presentation aims:
– To understand the purpose of the Statement of Changes in Equity
– To appreciate that the presentation of the Statement of Changes in Equity is dependent on the form of business organization
– To identify the elements of the Statement of Changes in Equity
– To determine the nature of the different equity accounts used by corporations
– To prepare a Statement of Changes in Equity
This presentation aims:
– To understand the purpose of the Statement of Changes in Equity
– To appreciate that the presentation of the Statement of Changes in Equity is dependent on the form of business organization
– To identify the elements of the Statement of Changes in Equity
– To determine the nature of the different equity accounts used by corporations
– To prepare a Statement of Changes in Equity
Goodwill is an intangible asset and valued only when there is a change in business like admission of a partner, retirement of a partner and amalgamation of firms
ACC205 Discussion QuestionsAccounting Equation As you hav.docxannetnash8266
ACC205 Discussion Questions:
Accounting Equation
As you have learned in this week’s readings the Accounting Equation is Assets = Liabilities + Owners’ Equity. Is the accounting equation true in all instances? Provide sample transactions from your own experiences to demonstrate the validity of the Accounting Equation.
Accounts
What does the term account mean? What are the different classifications of accounts? How do the rules for debits and credits impact accounts? Please provide an example of how debits and credits impact accounts.
Accounting Cycle
Financial statements are a product of the accounting cycle. Think about two different companies: a manufacturing company, and a retail company. Why would different companies have different accounting cycles? Would you expect the steps of the accounting cycle to be the same for each company? Why or why not?
Bank Reconciliation
What is the purpose of a bank reconciliation? What are the reasons for differences between the cash reported in the accounting records and the cash balance in the bank statements?
LIFO vs. FIFO
The controller of Sagehen Enterprises believes that the company should switch from the LIFO method to the FIFO method. The controller’s bonus is based on the next income. It is the controller’s belief that the switch in inventory methods would increase the net income of the company. What are the differences between the LIFO and FIFO methods?
Depreciation
A variety of depreciation methods are used to allocate the cost of an asset to all of the accounting periods benefited by the use of the asset. Your client has just purchased a piece of equipment for $100,000. Explain the concept of depreciation. Which of the following depreciation methods would you recommend: straight-line depreciation, double declining balance method, or an alternative method?
Ratios
Ratios provide the users of financial statements with a great deal of information about the entity. Do ratios tell the whole story? How could liquidity ratios be used by investors to determine whether or not to invest in a company?
Profit Margin
Year Ending December 2012
Year Ending December 2011
Year Ending December 2010
Revenues
40,000
35,000
33,000
Operating Expenses
Salaries
15,000
10,000
9,000
Maintenance and Repairs
6,000
9,000
10,000
Rental Expense
2,500
2,500
2,500
Depreciation
2,000
2,000
2,000
Fuel
4,000
3,500
2,500
Total Operating Expenses
29,500
27,000
26,000
Operating Income
10,500
8,000
7,000
Sales and Administrative Expenses
6,000
4,000
3,000
Interest Expense
2,500
2,000
1,000
Net Income
2,000
2,000
3,000
Above is a comparative income statement for Cecil, Inc. for the years 2010, 2011, and 2012. Calculate the profit margin for each of these years. Comment on the profit margin trend.
BWeek Five Exercise Assignment
Financial Ratios
1. Liquidity ratios. Edison, Stagg, and Thornton have the following financial information at the close of business on July 10:
Edi.
Partner Bonuses, Statement of Partners EquityThe following addit.pdfakagencies2014
Partner Bonuses, Statement of Partners\' Equity
The following additional partner transactions took place during the year:
1. In early January, Randy Campbell is admitted to the partnership by contributing $75,000 cash
for a 20% interest.
2. Net income of $150,000 was earned in 2014. In addition, Dennis Overton received a salary
allowance of $40,000 for the year. The three partners agree to an income-sharing ratio equal to
their capital balances after admitting Campbell.
3. The partners\' withdrawals are equal to half of the increase in their capital balances from salary
allowance and income.
Solution
solution:-
Capital ratio:-180000:120000:75000 i.e :12:8:5ParticularDennisBenRandyOpening
Capital$180,000$120,000$75,000+Salary$40,00000+income sharing (150,000-
40,000)$52800$35200$22000-Drawings$46400$17600$11000Closing
capital$226,400$137600$86000.
Palestine last event orientationfvgnh .pptxRaedMohamed3
An EFL lesson about the current events in Palestine. It is intended to be for intermediate students who wish to increase their listening skills through a short lesson in power point.
How to Make a Field invisible in Odoo 17Celine George
It is possible to hide or invisible some fields in odoo. Commonly using “invisible” attribute in the field definition to invisible the fields. This slide will show how to make a field invisible in odoo 17.
Biological screening of herbal drugs: Introduction and Need for
Phyto-Pharmacological Screening, New Strategies for evaluating
Natural Products, In vitro evaluation techniques for Antioxidants, Antimicrobial and Anticancer drugs. In vivo evaluation techniques
for Anti-inflammatory, Antiulcer, Anticancer, Wound healing, Antidiabetic, Hepatoprotective, Cardio protective, Diuretics and
Antifertility, Toxicity studies as per OECD guidelines
Francesca Gottschalk - How can education support child empowerment.pptxEduSkills OECD
Francesca Gottschalk from the OECD’s Centre for Educational Research and Innovation presents at the Ask an Expert Webinar: How can education support child empowerment?
Model Attribute Check Company Auto PropertyCeline George
In Odoo, the multi-company feature allows you to manage multiple companies within a single Odoo database instance. Each company can have its own configurations while still sharing common resources such as products, customers, and suppliers.
Acetabularia Information For Class 9 .docxvaibhavrinwa19
Acetabularia acetabulum is a single-celled green alga that in its vegetative state is morphologically differentiated into a basal rhizoid and an axially elongated stalk, which bears whorls of branching hairs. The single diploid nucleus resides in the rhizoid.
Introduction to AI for Nonprofits with Tapp NetworkTechSoup
Dive into the world of AI! Experts Jon Hill and Tareq Monaur will guide you through AI's role in enhancing nonprofit websites and basic marketing strategies, making it easy to understand and apply.
Read| The latest issue of The Challenger is here! We are thrilled to announce that our school paper has qualified for the NATIONAL SCHOOLS PRESS CONFERENCE (NSPC) 2024. Thank you for your unwavering support and trust. Dive into the stories that made us stand out!
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdfTechSoup
In this webinar you will learn how your organization can access TechSoup's wide variety of product discount and donation programs. From hardware to software, we'll give you a tour of the tools available to help your nonprofit with productivity, collaboration, financial management, donor tracking, security, and more.
Unit 8 - Information and Communication Technology (Paper I).pdfThiyagu K
This slides describes the basic concepts of ICT, basics of Email, Emerging Technology and Digital Initiatives in Education. This presentations aligns with the UGC Paper I syllabus.
Embracing GenAI - A Strategic ImperativePeter Windle
Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
This Gasta posits a strategic approach to integrating AI into HEIs to prepare staff, students and the curriculum for an evolving world and workplace. We will highlight the advantages of working with these technologies beyond the realm of teaching, learning and assessment by considering prompt engineering skills, industry impact, curriculum changes, and the need for staff upskilling. In contrast, not engaging strategically with Generative AI poses risks, including falling behind peers, missed opportunities and failing to ensure our graduates remain employable. The rapid evolution of AI technologies necessitates a proactive and strategic approach if we are to remain relevant.
3. DISSOLUTION
• Dissolution is the change in the relation of the partners
caused by any partner ceasing to be associated in the
carrying on of the business, or an entry or additional partner
• Major considerations:
– Admission of a partner
– Withdrawal, retirement or death of a partner
– Incorporation of a partnership
• Note that the admission of a new partner requires all the
consent of the other partners
4. What is this?
• A new partner is admitted to the partnership. This is a personal
transaction between and among the partners, therefore, any
consideration paid or received is not recorded in the
partnership books.
• A new capital account is established for the new partner and a
corresponding decrease is made on the capital accounts of the
selling partners.
5. PURCHASE of interest in the partnership
• This is a personal transaction between and among the partners,
therefore, any consideration paid or received is not recorded in
the partnership books.
• A new capital account is established for the new partner and a
corresponding decrease is made on the capital accounts of the
selling partners.
6. DISSOLUTION
Admission of partner
Purchase of interest in the partnership
Investment in the partnership
~a new partner may be admitted when he
purchases part or all of the interest of one or
more of the existing partners
~a new partner is added.
7. PURCHASE of interest in the partnership
Example:
The following are the capital account balances and profit and loss ratios of the partners in
AB Partnership as of July 1, 2017.
Capital Accounts Profit or loss ratios
A, Capital P150,000 40%
B, Capital 250,000 60%
400,000
On July 1, 2017, C was admitted to the partnership when he purchased 20% interest in the
net assets and profits of the firm from A (or one-half of A's interest in the partnership) for
P100,000. The net assets of the firm as of this date approximate their fair values.
Requirement: Journal entries
8. PURCHASE of interest in the partnership
Example:
The following are the capital account balances
and profit and loss ratios of the partners in AB
Partnership as of July 1, 2017.
Capital Accounts Profit or loss ratios
A, Capital P150,000 40%
B, Capital 250,000 60%
400,000
On July 1, 2017, C was admitted to the
partnership when he purchased a proportionate
interest from A and B representing 20% interest
in the net assets and profits of the firm for
P100,000. The net assets of the firm as of this
date approximate their fair values.
Requirements:
a. Provide the journal
entries
b. How much are the
capital balances of the
partners after the
admission of C?
c. How much is the
gain or loss to be
recognized in the
partnership books?
d. How much are the
gains or losses recognized
by A and B, respectively?
9. PURCHASE of interest in the partnership
A. July 1, 2017 A, Capital 32,000
B, Capital 48,000
C, Capital 80,000
B. A B C Totals
Capital, Beginning
Credit
Debit
Capital, Ending
150,000 250,000 400,000
80,000 80,000
(32,000) (48,000) (80,000)
118,000 202,000 80,000 400,000
Notice that it did not change
10. PURCHASE of interest in the partnership
C. ZERO. No gain or loss is recognized in the partnership books when a
new partner is admitted
D. A B
Consideration received
(100,000 x 40%)
(100,000 x 60%)
Amount debited to capital account
Personal gain (loss)
40,000
60,000
(32,000) (48,000)
8,000 12,000
11. PURCHASE of interest in the partnership
• When a partnership is dissolved, a new partnership is created.
The assets and liabilities may be restated to fair values.
• The adjustment to the assets and liabilities is allocated first to the
existing partners before recoding the admission of the new
partner.
12. PURCHASE of interest in the partnership
Example:
On July 1, 2017, C was admitted to the partnership when he purchased a proportionate interest from A and B
representing 20% interest in the net assets and profits of the firm for P100,000.
On this date, the carrying amounts and fair values of the assets and liabilities of the partnership are as
follows:
Requirements:
a) Provide the journal entries to be made on July 1, 2017
b) How much are the capital balances of the partners after the admission of C?
Carrying amount Fair Value Increase (Decrease)
Cash 20,000 20,000 -
Equipment 340,000 390,000 50,000
Accounts Payable 10,000 10,000 -
A, Capital (40%) 130,000 N/A
B, Capital (60%) 220,000 N/A
13. PURCHASE of interest in the partnership
First, adjust the capital balances for the revaluation increase of Equipment.
July 1, 2017 Equipment 50,000
A, Capital 20,000
B, Capital 30,000
Notice! that the revaluation increase is allocated only to the existing partners.
No allocation is made to C, the incoming partner.
14. PURCHASE of interest in the partnership
B.
A B C Totals
Capital, beginning
Share in Revaluation
Credit
Debit
Capital, ending
130,000 220,000 350,000
20,000 30,000 50,000
80,000 80,000
(32,000) (48,000)
118,000 202,000 80,000 400,000
_________ _________
15. INVESTMENT in the partnership
• Instead of purchasing interest from the existing partners, a new
partner may be admitted by investing directly in the business.
• This is a transaction between the incoming partner and the
partnership, therefore, any consideration paid shall be recorded
in the partnership books.
• Two things may happen:
– The new partner's capital account is credited at an amount equal to the
fair value of his investment; or
– The new partner's capital account is credited at an amount greater
than or less than the fair value of his investment
16. Example:
The following are the capital account balances and profit
or loss ratios of the partners in AB Partnership as of July
1, 2017:
Capital Accounts Profit or loss ratio
A, Capital 150,000 40%
B, Capital 250,000 60%
400,000
On July 1, 2017, C was admitted to the partnership when
he acquired 20% interest in the net assets and profits of
the firm for a P100,000 investment. The net assets as of
this date approximate their fair values.
INVESTMENT in the partnership
Requirements:
a) Assume that C's capital is credited
at an amount equal to his contribution. What
is the journal entry to record the transaction?
17. Requirements:
a) Assume that C's capital is credited at an amount equal to
his contribution. What is the journal entry to record the transaction?
INVESTMENT in the partnership
July 1, 2017 Cash 100,000
C, Capital 100,000
Note:
~The capital increased by P100,000
18. Example:
The following are the capital account balances and profit
or loss ratios of the partners in AB Partnership as of July
1, 2017:
Capital Accounts Profit or loss ratio
A, Capital 150,000 40%
B, Capital 250,000 60%
400,000
On July 1, 2017, C was admitted to the partnership when
he acquired 20% interest in the net assets and profits of
the firm for a P100,000 investment. The net assets as of
this date approximate their fair values.
INVESTMENT in the partnership
Requirements:
a) Assume that C's capital is
credited for P80,000. What is the
journal entry to record the transaction?
19. Requirements:
a) Assume that C's capital is credited for P80,000. What is the
journal entry to record the transaction?
INVESTMENT in the partnership
Steps:
1) Find the invested capital of the new partner
2) Find the agreed capital of the new partner
3) Allocate the difference to the old partner
20. Invested capital - actual consideration given by the incoming partner
Agreed capital - amount to be credited as capital by the incoming
partner per agreement by all the partners
INVESTMENT in the partnership
PARTNERS TIC TAC DIFF
A
B
C
TOTAL
150,000
250,000
100,000
500,000
80,000 20,000
-0-
(8,000)
(12,000)
158,000
262,000
500,000
21. INVESTMENT in the partnership
B, Capital 12,000
A, Capital 8,000
July 1, 2017 Cash 100,000
C, Capital 80,000
PARTNERS TIC TAC DIFF
A
B
C
TOTAL
20,000
-0-
(12,000)
150,000
250,000
100,000
500,000
80,000
(8,000)158,000
262,000
500,000
22. Example:
The following are the capital account balances and profit
or loss ratios of the partners in AB Partnership as of July
1, 2017:
Capital Accounts Profit or loss ratio
A, Capital 150,000 40%
B, Capital 250,000 60%
400,000
On July 1, 2017, C was admitted to the partnership when
he acquired 20% interest in the net assets and profits of
the firm for a P100,000 investment. The net assets as of
this date approximate their fair values.
INVESTMENT in the partnership
Requirements:
a) Assume that C's capital is
credited for P130,000. What is the
journal entry to record the transaction?
23. Requirements:
a) Assume that C's capital is credited for P130,000. What is
the journal entry to record the transaction?
INVESTMENT in the partnership
Steps:
1) Find the invested capital of the new partner
2) Find the agreed capital of the new partner
3) Allocate the difference to the old partner
24. Invested capital - actual consideration given by the incoming partner
Agreed capital - amount to be credited as capital by the incoming
partner per agreement by all the partners
INVESTMENT in the partnership
PARTNERS TIC TAC DIFF
A
B
C
TOTAL
150,000
250,000
100,000
500,000
130,000 (30,000)
-0-
12,000
18,000
138,000
232,000
500,000
25. Illustration:
Rebecca Miranda and Stephanie Calamba are partners with capital
balances of P400,000 and P200,000, respectively. They share profits in
the ratio of 3:1. The partners agreed to admit Theodore Calaguas as a
member of the firm. The foregoing information will be the basis of the
following cases.
Case 1: Theodore Calaguas invested P250,000 for a one-fourth interest
in the business. The partners decided not to revalue the assets of the
partnership and that the total agreed capital is P850,000.
INVESTMENT in the partnership
26. Solution:
INVESTMENT in the partnership
TIC TAC DIFF
R. Miranda
S. Calamba
T. Calaguas
Total
400,000
200,000
250,000
850,000
428,125
209,375
212,500
850,000
28,125
9,375
(37,500)
-0-
P850,000 x 1/4 = P212,500 Distribution of Bonus:
Miranda -
Calamba-
P37,500 x 3/4 = P28,125
P37,500 x 1/4 = 9,375
27. Illustration:
Rebecca Miranda and Stephanie Calamba are partners with capital
balances of P400,000 and P200,000, respectively. They share profits in
the ratio of 3:1. The partners agreed to admit Theodore Calaguas as a
member of the firm. The foregoing information will be the basis of the
following cases.
Case 2: Theodore Calaguas invested P400,000 in the business. Out of
the total investments, P100,000 is considered as a bonus to partners
Rebecca Miranda and Stephanie Calamba.
INVESTMENT in the partnership
28. Solution:
INVESTMENT in the partnership
TIC TAC DIFF
R. Miranda
S. Calamba
T. Calaguas
Total
400,000
200,000
400,000
1,000,000
475,000
225,000
300,000
1,000,000
(75,000)
(25,000)
100,000
-0-
Distribution of Bonus:
Miranda -
Calamba-
P100,000 x 3/4 = P75,000
P100,000 x 1/4 = 25,000
29. Illustration:
Rebecca Miranda and Stephanie Calamba are partners with capital
balances of P400,000 and P200,000, respectively. They share profits in
the ratio of 3:1. The partners agreed to admit Theodore Calaguas as a
member of the firm. The foregoing information will be the basis of the
following cases.
Case 3: Theodore Calaguas invested P240,000 in the business for a
one-third interest in the business. The total agreed capital is P840,000.
INVESTMENT in the partnership
30. Solution:
INVESTMENT in the partnership
TIC TAC DIFF
R. Miranda
S. Calamba
T. Calaguas
Total
400,000
200,000
240,000
840,000
370,000
190,000
280,000
840,000
30,000
10,000
(40,000)
-0-
Distribution of Bonus:
Miranda -
Calamba-
P40,000 x 3/4 = P30,000
P40,000 x 1/4 = 10,000
P840,000 x 1/3 = P280,000
31. Illustration:
Rebecca Miranda and Stephanie Calamba are partners with capital
balances of P400,000 and P200,000, respectively. They share pro fits in
the ratio of 3:1. The partners agreed to admit Theodore Calaguas as a
member of the firm. The foregoing information will be the basis of the
following cases.
Case 4: Theodore Calaguas invested P300,000 for a 50% interest in the
business. Rebecca Miranda and Stephanie Calamba transferred part of
their capital balance to that of Theodore Calaguas as a bonus. The
investment of Calaguas resulted to a bonus as stated.
INVESTMENT in the partnership
32. Solution:
INVESTMENT in the partnership
TIC TAC DIFF
R. Miranda
S. Calamba
T. Calaguas
Total
400,000
200,000
300,000
900,000
287,500
162,500
450,000
900,000
112,500
37,500
(150,000)
-0-
Distribution of Bonus:
Miranda -
Calamba-
P150,000 x 3/4 = P112,500
P150,000 x 1/4 = 37,500
P900,000 x 50% = P450,000
33. The capital accounts of Loida Cardenas and Cristina San Jose have
balances of P150,000 and P110,000, respectively. Daria Labalan and
Helen Magada are to be admitted to the partnership. Labalan buys one-
fifth of Cardenas’ interest for P35,000 and one-fourth of San Jose’s
interest for P25,000. Magada contributes P70,000 cash to the
partnership, for which she is to receive an ownership equity of P70,000.
Required:
a. Journalize the entries to record the admission of Labalan and Magada.
b. What are the capital balances of each partner after the admission of
the new partners?
Exercise 1
34. Dapun, Budoy, and Dinoy have equities in a partnership of P600,000,
P900,000 and P500,000, respectively and share in profits and losses in a
ratio of 2:1:2, respectively. The partners have agreed to admit Amolo in
the partnership.
Required: Prepare the journal entries to record the admission of Amolo to
the partnership under each of the following assumptions:
1. Amolo invested P500,000 for a 30% interest, and bonus is recorded for
Amolo.
2. Amolo invested P750,000 for a one-fifth interest, and bonus is
recorded for the old partners.
Exercise 2
35. The existing partners are _________ and __________ with the following capital
balances and profit-loss sharing ratios:
_________, Capital - July 1, 2017 (40%) P180,000
_________, Capital - July 1, 2017 (60%) 70,000
Case #1: You decided to admit __________ into the partnership on July 1, 2017
when he or she acquires half of the interest of ___________ (2nd) for P30,000. The
net assets of the partnership approximate fair values on this date.
Requirements:
a. Provide the journal entry to record the admission of _____________.
b. Compute for the capital balances and the profit and loss sharing ratios of the
partners immediately after the admission of ____________.
Exercise 3
36. The existing partners are _________ and __________ with the following capital
balances and profit-loss sharing ratios:
_________, Capital - July 1, 2017 (40%) P180,000
_________, Capital - July 1, 2017 (60%) 70,000
Case #2: You decided to admit __________ into the partnership on July 1, 2017
when he or she invests an amount that reflects the fair value of a 20% interest in
the partnership. The partnership's net assets approximate their fair values.
Requirements:
a. Provide the journal entry to record the admission of _____________.
b. Compute for the capital balances and the profit and loss sharing ratios of the
partners immediately after the admission of _____________.
Exercise 3
37. The existing partners are _________ and __________ with the following
capital balances and profit-loss sharing ratios:
_________, Capital - July 1, 2017 (40%) P180,000
_________, Capital - July 1, 2017 (60%) 70,000
Case #3: You decided to admit __________ into the partnership on July 1,
2017 when he or she invests P60,000 cash to the partnership in exchange
for 20% interest. The partnership's net assets approximate their fair values
except for a piece of land carried in the books at P500,000 but with a fair
value of P600,000.
Exercise 3
38. Requirements:
a. Provide the journal entry to record the admission of ___________.
b. Compute for the capital balances and the profit and loss sharing ratios
of the partners immediately after the admission of ___________.
Exercise 3
39. The existing partners are _________ and __________ with the following capital
balances and profit-loss sharing ratios:
_________, Capital - July 1, 2017 (40%) P180,000
_________, Capital - July 1, 2017 (60%) 70,000
Case #4: You decided to admit __________ into the partnership on July 1, 2017
when he or she invests P50,000 cash to the partnership in exchange for 20%
interest. The partnership's net assets approximate their fair values except for a
piece of land carried in the books at P500,000 but with a fair value of P600,000.
Exercise 3
40. Requirements:
a. Provide the journal entry to record the admission of ___________.
b. Compute for the capital balances and the profit and loss sharing ratios
of the partners immediately after the admission of ___________.
Exercise 3
41. Ferraro, Castillo and Franco have equities in a partnership of P500,000,
P800,000 and P700,000, respectively, and share profits and losses in a ratio
of 5:3:2, respectively. The partners have agreed to admit Retada to the
partnership.
Required: Prepare the journal entries to record the admission of Retada to the
partnership under each of the following assumptions:
1. Retada invested P400,000 for a 25% interest, and bonus is recorded for
Retada.
2. Retada invested P800,000 for a 20% interest, and bonus is recorded for the
old partners.
Exercise 4
Editor's Notes
1. determine first the amounts invested, 2. determine the fractions 3. allocate (SHOW A TABLE)
1. determine first the amounts invested, 2. determine the fractions 3. allocate (SHOW A TABLE)
1. determine first the amounts invested, 2. determine the fractions 3. allocate (SHOW A TABLE)
1. determine first the amounts invested, 2. determine the fractions 3. allocate (SHOW A TABLE)
1. determine first the amounts invested, 2. determine the fractions 3. allocate (SHOW A TABLE)
1. determine first the amounts invested, 2. determine the fractions 3. allocate (SHOW A TABLE)
1. determine first the amounts invested, 2. determine the fractions 3. allocate (SHOW A TABLE)
1. determine first the amounts invested, 2. determine the fractions 3. allocate (SHOW A TABLE)
1. determine first the amounts invested, 2. determine the fractions 3. allocate (SHOW A TABLE)
1. determine first the amounts invested, 2. determine the fractions 3. allocate (SHOW A TABLE)
1. determine first the amounts invested, 2. determine the fractions 3. allocate (SHOW A TABLE)
1. determine first the amounts invested, 2. determine the fractions 3. allocate (SHOW A TABLE)
1. determine first the amounts invested, 2. determine the fractions 3. allocate (SHOW A TABLE)
1. determine first the amounts invested, 2. determine the fractions 3. allocate (SHOW A TABLE)
1. determine first the amounts invested, 2. determine the fractions 3. allocate (SHOW A TABLE)
1. determine first the amounts invested, 2. determine the fractions 3. allocate (SHOW A TABLE)
1. determine first the amounts invested, 2. determine the fractions 3. allocate (SHOW A TABLE)
1. determine first the amounts invested, 2. determine the fractions 3. allocate (SHOW A TABLE)
1. determine first the amounts invested, 2. determine the fractions 3. allocate (SHOW A TABLE)
1. determine first the amounts invested, 2. determine the fractions 3. allocate (SHOW A TABLE)
1. determine first the amounts invested, 2. determine the fractions 3. allocate (SHOW A TABLE)
1. determine first the amounts invested, 2. determine the fractions 3. allocate (SHOW A TABLE)
1. determine first the amounts invested, 2. determine the fractions 3. allocate (SHOW A TABLE)
1. determine first the amounts invested, 2. determine the fractions 3. allocate (SHOW A TABLE)
1. determine first the amounts invested, 2. determine the fractions 3. allocate (SHOW A TABLE)
1. determine first the amounts invested, 2. determine the fractions 3. allocate (SHOW A TABLE)