Can anyone help with this equation, 2 members are part of a CC. that they are going to disolve, all creditors have been settled and all debtors has been realised. Cash available in the CC are R.200 000.00. Partner A has a loan account owing the CC R.100 000.00. How do you calculate last payouts to desolve the C?. Membership 50/50.
My calculation is to equalise disparity and pay out R.100 000.00 to partner B
R.100 000.00 left to distribute 50/50.