Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 27, 2024

In a partnership , if investment is more than the share of the equitythis is a situation of ... depends of the amount invested bonus

In a partnership , if investment is more than the share of the equitythis is a situation of ... depends of the amount invested bonus to new partner none of them bonus to old partners

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting A Global Perspective

Authors: Robert Libby, Patricia Libby, Daniel G Short

5th Edition

0071107746, 978-0071107747

More Books

Students also viewed these Accounting questions

Question

★★★★★

Identify and describe several important workplace behaviors.

Answered: 1 week ago

Question

★★★★★

Olson Corp. reported the following in the Current Assets section of its December 31, 2017, balance sheet: _____________________________________ 12/31/17 _______________ 12/31/16 Accounts receivable,...

Answered: 1 week ago

Question

★★★★★

2. Ask family members to include their children in some projects that require measurement, halving or doubling recipes, or estimating costs.

Answered: 1 week ago

Question

★★★★★

On April 18, Riley Co. made a short- term investment in 300 common shares of XLT Co. The purchase price is $ 42 per share and the brokers fee is $ 250. The intent is to actively manage these shares...

Answered: 1 week ago

Question

★★★★★

The following figures are taken from the 2003 financial statements of McDonalds and Wendys. Figures are in million dollars. McDonald's Wendy's Inventory $ 120.0 $ 38.9 Revenue 17,054.4 3,077.1 Cost...

Answered: 1 week ago

Question

★★★★★

For each of the following determine the: a.Income tax payable b. deferred tax asset- balance c. deferred tax asset-change (dr) cr d. deferred tax liability- balance e.deferred tax liability- change...

Answered: 1 week ago

Question

★★★★★

7. The case discusses two events during the year that impacted the use of labor (and therefore the unfavorable flexible budget variance for direct labor): the 50,000 unit sales to the catalog company...

Answered: 1 week ago

Question

★★★★★

An integral component of the ability to make strategic decisions is to have an educated understanding of the environmental aspects that can impact an organization. The internal and external...

Answered: 1 week ago

Question

★★★★★

The day had gone surprisingly well considering all the activity at Central High School. Central was hosting the league track championships on the same day it was playing a baseball doubleheader...

Answered: 1 week ago

Question

★★★★★

1. Your father knows that last week you have learned jointly distributed random variables from Aybek Hoca. He has asked you to calculate certain distributions and expectations. Please let X denote...

Answered: 1 week ago

Question

★★★★★

There Were Ethical Dilemmas All Day Long," in your opinion, should a researcher conduct an ethnographic research study even if he or she acknowledges that he cannot be objective or unbiased during...

Answered: 1 week ago

Question

★★★★★

What is the purpose of the staffing practice called Two-in-aBox?

Answered: 1 week ago

Question

★★★★★

What would you do?

Answered: 1 week ago

Question

★★★★★

Define each of the following workplace flexibility practices: a. flextime b. compressed workweek c. job sharing d. telecommuting

Answered: 1 week ago

Previous Question Next Question