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please anser asap and 4 question The partnership has total capital of $300, 000 after admitting Kelly. Which of the following is true? 14 Kelly

please anser asap and 4 question
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The partnership has total capital of $300, 000 after admitting Kelly. Which of the following is true? 14 Kelly invests $40,000 in a partnership for a 10 percent interest. A) Kelly's capital is $26,000 B) The original partners' capital in the business was $270,000 before admitting Kelly c) Kelly received a bonus of $10,000 D) The original partners received a bonus of $10,000 E) None of the above 15 Partners Y and Z receive a salary of $15,000 and $30,000, respectively, and share income and losses in a 2:1 ratio, respectively. If the partnership suffers a $15, 000 net loss in 2010, the entry to close the income or loss into their capital accounts is: A) Y, Capital $ 15,000 $ 30,000 z, Capital Income Summary $ 45, 000 B) Y, Capital $ 25,000 2, Capital Income Summary s 10,000 $ 15,000 c) Y, Capital z, Capital s 10,000 $ 5, 000 Income Summary s 15,000 D) Y, Capital s 20,000 2, Capital Income Summary s 10,000 s 10,000 E) None of the above who have agreed to admit Y, who wil in ership for a 20 percent interest. The Prs were W $15,000 and x 30,000. and X had shared agreed 6 W and X are partners previous $15,0 capital balances were profits and losses equally. The ent to the partnership is: ry that records's admission s 15,000 A) Cash s 15,000 y, Capital s 15,000 B) Cash W, Capital x, Capital Y, Capital 1,500 1,500 12,000 s C) Cash 12,000 S 12,000 Y, Capital D) Y, Capital 3,000 Cash 3,000 E) None of the above 17 2 has bought B's interest in the A&B Partnership for a $60,000 direct payment to B. The capital balances before the sale were $24,000 and $36, 000, respectively. The entry to record the purchase of interest in partnership is: A) B, Capital 2, Capital 2, Capital Cash $ 60,000 s 36,000 $60,000 60,000 s 60,000 B) B, Capital $ 36,000 c) z, Capital 60,000 D) Cash 2, Capital s 60,000 E) None of the above 1 liuidation differs from a dissolution is that in a liquidation

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