Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question - Tupper and Tolin have decided to form a partnership to provide environmental testing services to industry. The individuals will share profits equally and have conveyed the following assets and liabilities to the partnership:
Fair Value
Book Value
Cash
$20,000
$ -
Equipment basis
12,000
10,000
34,000
40,000
Vehicles basis
6,000
Notes payable*
8,000
20,000
22,000
* Associated with equipment
Required:
1) Calculate the capital balance of each partner in the partnership subsequent to the contributions.
2) Prepare the journal entry necessary to record the partners' contributions.
a company has total fixed costs of 200000. its product sells for 25 per unit and variable costs amount to 15 per unit.
The problem belongs to Basic Accounting and it discusses on calculation of change in net operating income
Make five recommendations for creating useful entity-relationship (E-R) diagrams
for this we must do tasks related to a retail store selling dvds. this business is relatively simple with approximately
Assignment - Journals, Ledger and Trial Balance. Record the transactions in the relevant journals. Post to respective ledger and sub-ledger accounts
wolford company borrowed 750000 from u.s. bank on january 1 2009 in order to expand its mining capabilities. the
The preparation of the Cash Flow statement is challenging and time consuming and unlike the other major financial statements, this one is not prepared from the adjusted trial balance.
consider the following information prepared based on a capacity of 100000 unitscategorycost per unitvariable
Prepare the journal entry to record the exchange on the books of Crane Company
During the taking of its physical inventory on December 31, 2010, Euro Bath Company incorrectly counted its inventory as $496,000 instead of the correct amount of $480,000.
what should the balance sheet look like after the mortgage is taken out? the before the mortgage balance sheet is in
Green Thumb Gardening is a small gardening service that uses activity-based costing to estimate costs for pricing and other purposes. The proprietor of the company believes that costs are driven primarily by the size of customer lawns, the size of cu..
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd