4/8 porte bisco ou n cash to be distributed to the pertners. The Journal entry to record the dis Quinn, Melissa, and Harper are liquidating ther partnership. They have no agreement for sharing pro Gils and losses. The ending capital account balances are Quin. $12,000, Melizza, $13,000 Harper, 182 trbullon should be Quirn Capital 20 000 Melissa Capital 20.000 Harper, Captal 20,000 Cash 60.000 qurn Capital Melissa Capital Cash 30.000 30000 60,000 60000 Cash Quinn, Captal 60,000 12000 46000 Cash Harper, Capital Quinn, Capital Melissa Capital 2,000 50,000 60.000 Quirn Capital Cash Harper Cepkal 30.000 30,000 Alimised liability company is a corporation for professionals such as lawyers and accountants. True An underwriter keeps shareholder records and prepares official lists of shareholders and dividend pay ments True Falso Whether a business is organized as a corporation or as a proprietorship, the profit reported on the inc ome statement wil be the same. Falan If a corporationis authorized to issue 1,000 preferred shares which have a current rarket value of $90 per share it has $20.000 worth of shares outstanding True False Whenever the dividend rateon preferred shares is higher than therate the corporation earns on its as sets the effect of issuing preferred shares is to increase the dividend rate earned by common shareh olders Thie False . 4/8 porte bisco ou n cash to be distributed to the pertners. The Journal entry to record the dis Quinn, Melissa, and Harper are liquidating ther partnership. They have no agreement for sharing pro Gils and losses. The ending capital account balances are Quin. $12,000, Melizza, $13,000 Harper, 182 trbullon should be Quirn Capital 20 000 Melissa Capital 20.000 Harper, Captal 20,000 Cash 60.000 qurn Capital Melissa Capital Cash 30.000 30000 60,000 60000 Cash Quinn, Captal 60,000 12000 46000 Cash Harper, Capital Quinn, Capital Melissa Capital 2,000 50,000 60.000 Quirn Capital Cash Harper Cepkal 30.000 30,000 Alimised liability company is a corporation for professionals such as lawyers and accountants. True An underwriter keeps shareholder records and prepares official lists of shareholders and dividend pay ments True Falso Whether a business is organized as a corporation or as a proprietorship, the profit reported on the inc ome statement wil be the same. Falan If a corporationis authorized to issue 1,000 preferred shares which have a current rarket value of $90 per share it has $20.000 worth of shares outstanding True False Whenever the dividend rateon preferred shares is higher than therate the corporation earns on its as sets the effect of issuing preferred shares is to increase the dividend rate earned by common shareh olders Thie False