每日一练F3 答案回复可见 charge, between, relating, entirely, business

小果子

P, after having been a sole trader for some years, entered into partnership with Q on 1 July 2002, sharing profits
equally.
The business profit for the year ended 31 December 2002 was $340,000, accruing evenly over the year, apart from
a charge of $20,000 for a bad debt relating to trading before 1 July 2002 which it was agreed that P should bear
entirely.
How is the profit for the year to be divided between P and Q?
                                          P                        Q
                                          $000                   $000
A                                        245                     95
B                                        250                     90
C                                        270                     90
D                                        255                     85

 

B
A P (340,000 – 20,000)/2 + 170,000/2
Q 95,000
B P 180,000 + 90,000 – 20,000 (Correct)
Q 90,000
C P 180,000 + 90,000
Q 90,000
D P 170,000 + 85,000
Q 85,000

karenljl

Answer sure be A!