Solution-Find how much is capital balance of a after

Find how much is capital balance of a after admission of c

Reference no: EM132772356

Problem 1: C acquires 20% interest in the partnership by investing 120,000 to the business. No bonus is given to C how much is the capital balance of A after the admission of C?

a. 200,000
b. 264,000
c. 240,000
d. 0

Problem 2: What is the P/L ratio of B after the admission of C

a. 22%
b. 28%
c. 32%
d. 40%

Reference no: EM132772356

Questions Cloud

Software-based security : Do you think there are security issues with hardware too, or software-based security (anti-malware, monitoring, etc.) is enough?

Describe the attributes of the test : Assessment plays a significant role in the educational setting. Educators may want to assess what students have learned in class, or they may want to find out.

Determine the net present value of the film : The movie is expected to earn MGM $20 million. Determine the net present value of the film as of the beginning of 20Y5 if the desired rate of return is 20%

Advances in the internet and computing technologies : Current laws that govern cyberspace are inadequate to handle advances in the Internet and computing technologies.

Find how much is capital balance of a after admission of c : 20% interest in the partnership by investing 120,000 to the business. No bonus is given to C how much is the capital balance of A after the admission of C?

High capacity enterprise solution processing : Describe the key architecture points in a high capacity enterprise solution processing over 100/000 TPS?

Determine the net present value of cash flows : Determine the net present value of cash flows from a Masters of Accountancy degree, assuming that no salary is earned during the graduate year of schooling

How much is the gain and loss recorded in partnership books : C Purchases 20% interest in the partnership proportionately from A and B for 120,000. how much is the gain and loss recorded in the partnership books?

Recruit software engineer and a data engineer : He wants to invest in a scalable system and he is thinking to recruit a software engineer and a data engineer (you).

User Account

All Pages

Find how much is capital balance of a after admission of c

Reference no: EM132772356

Reference no: EM132772356

Questions Cloud

Reviews

Write a Review

Accounting Basics Questions & Answers

Compute the volume of sales in units of each product

The motor vehicle repair fyund of laramee county provides

Compute the total manufacturing costs added during period

How much are budgeted cash collections for the third quarter

Find what is the compounded rate of return

Preparing journal entries-issuance of the bonds

Calculate the return on investment and residual income

Prepare a statement of cash flows for the year

The varone company makes a single product called a hom the

At a sales volume of 41000 units thoma corporations sales

Which option is more economical for her and by how much

Calculate dividend yield for year one

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT