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Accounting

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% [ + 1 : 6. KOREK 1 point Burtaqala is allowed as a partner in Tuffaha-Rummana partnership. Burtaqala invests 80, 000, 000IQ in cash for a capital balance of 120, 000, OOOIQ. The income ratios are: Tuffaha 1/4 and Rummana 3/4 or 1:3 respectively. The entry to record Burtaqala's investment is: * Dr: Burtaqala, Capital (120,000, 00010) Cr: Cash (80,000, 0001Q), Tuffaha, Capital (10,000, 00010) and Rummana (30,000, 0001Q. Dr: Cash (80,000,0001Q), Tuffaha, Capital (10,000,0001Q and Rummana, Capital (30,000,0001Q), ..Cr: Burtaqala, Capital (120, 000, 00010). Dr: Cash (80,000,0001Q), Tuffaha, Capital (10,000,0001Q), Rummana, Capital (30,000,00010) and Burtaqala, Capital (120,000,000). Cr: Cash (80,000,0001Q), Tuffaha, Capital (10,000,0001Q), Rummana, Capital (30,000,00010) and Burtaqala, Capital (120,000,000)

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