Partnership Profit Distribution – Multiple Basis (Part 1)

by | Nov 17, 2022 | Profit Sharing Plan | 12 comments




Partnership Profit Distribution – Multiple Basis (Part 1)

Learn how to compute bonus to partners under the following cases:
* Bonus is based on net income before salaries, interest and bonus
* Bonus is based on net income before salaries and interest, but after bonus

Reference: Volume 1 Advanced Accounting Principles and Procedural Applications by Mr. Pedro P. Guerrero and Mr. Jose F. Peralta

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12 Comments

  1. Alexandrine Soberano

    Kapag wala po sa agreement, ano pong order of priority ng salary, interest, and bonus?

  2. mtjd

    Hi Sir paano nag arrive 1.20 po?

  3. leyn

    hello po! paano ko kapag hindi given ang net income pero po may given na salaries and interests? paano po makukuha yung bonus?

    ang condition po ay bonus is 20% of net income after salaries and interests but before bonus. thank you po!

  4. JR

    Saan po nakuha ang 1.20 sa bonus kuya ?

  5. Mary Anne

    Paano po nqkuha yung 1.20 sa bonus

  6. No one Cares

    Sir, paano po kaya kapag halimbawa yung total salaries, interest and bonuses po nila ay mas malaki kaysa sa profit nila? Ano pong gagawin?

  7. Erica Garcia

    Hello po! Paano po kapag may nakalagay na interest charge on partners’ drawings made beyond agreed salaries? Paano po sya icompute?

  8. Novelyn Fernandez

    Sir, required po ba na magkaroon ng monthly salaries ang mga partners at dapat din po ba required sila na magconrribute sa SSS, PHIC HDMF? Or depende nalang po sa agreement po nila kung kailan ang distribution ng salaries nila at voluntary contribution nalang din sa SSS, PHIC, HDMF? thank you po

  9. LOL

    thank you so much sir!! ❤❤

  10. nur-saief pilapil

    kuya pwede po mag sent ng question sa inyo poh?dih kopo kasi ma gets kung paano mag accounting sa general accounting ko po.

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