A and B are in partnership, sharing profits in the ratio 3:2 and preparing their accounts to 30 June each year. On
1 January 2006, C joined the partnership and the profit sharing ratio became A 40%, B 30%, and C 30%.
Profits for the year ended 30 June 2006 were:
$
6 months ended 31 December 2005 300,000
6 months ended 30 June 2006 450,000
A bad debt of $50,000 was written off in the six months to 30 June in computing the $450,000 profit. It was agreed
that this expense should be borne by A and B only, in their original profit-sharing ratios.
What is A’s total profit share for the year ended 30 June 2006?
$
A 330,000
B 310,000
C 340,000
D 350,000 D | 
发表于 2008-4-23 20:59
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