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Question - Queen, Risa, and Serena are partners sharing profits and losses equally. On August 16, 200A, Queen dies. The partnership continues its operations and in December 31, 200A, the net income is Php250,000.
Give the necessary entries to determine the amount payable to Queen's estate. The capital balance of Queen as of January 1, 200A is Php200,000 and her drawing account during the period is Php10,000.
Suppose half of its liabilities are in the form of debt. Calculate the debt-to-assets ratio. Do not round intermediate calculations
During January, time tickets show that the factory labor of $6,700 was used. Prepare a summary journal entry to record factory labor used.
If next year assets increased by $3,500 and equity decreased by $2,580, what would be the amount of total liabilities for Kenmore Handyman Services
Benefits of raising taxes1. More revenue2. Health benefits
Briefly describe your company's investments and intangible assets. Does your company list "Other Assets?" If so, what items are classified in this category?
barnes and noble member programs entitles the member to receive a 10 discount on all purchases made 20 discount for
What type of business model of e-commerce used by the said company. Give solid reasons of proposed business model to satisfy your answer
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kido construction builds and sells cheap cardboard homes. the entire home is built out of a large single piece of
You realize that Kim, the founder of Daisy Cakes, receives a different financing deal than she initially envisioned. How much money did Kim get from the deal
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