Question
Viola is a general partner who owns 50% interest in Barron enterprises. Vijay is a limited partner who owns 50%. The partnership has $60,000 in
Viola is a general partner who owns 50% interest in Barron enterprises. Vijay is a limited partner who owns 50%. The partnership has $60,000 in recourse liabilities and $35,000. In no recourse liabilities. What is Violas total share of liabilities.
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Accounting What The Numbers Mean
Authors: David Marshall, Wayne William McManus, Daniel Viele
6th Edition
0072834641, 978-0072834642
