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Franco and Elisa share income equally. During the current year the partnership net income was $40,000. Franco made withdrawals of $12,000 and Elisa made withdrawals of $17,000. At the beginning of the year, the capital account balances were: Franco capital, $40,000; Elisa capital, $58,000. Franco's capital account balance at the end of the year is?
How is business use of car tax deducted?
What are the arguments for and against the alternatives for the handling of bargain acquisition? Why are such acquisitions unlikely to occur with great frequency?
1.a company issued 10-year 8 bonds with a par value of 200000. the company received 190000 for the bonds. using the
sales revenue 460000. cost of goods sold 300000. operating expenses 85000. sales discounts 20000. sales returns and
Using the high low method, calculate the variable cost per student day and the fixed cost per two-week period for cleaning supplies.
at december 31 20x8 before adjusting entries were made the salary expense account of a company showed a balance of
examine the following book-value balance sheet for university products inc. the preferred stock currently sells for 15
Determine the number of grooming kits Scott must sell per show to break even.
Which of the following activities results in a cash outflow?
type your question herelopez company has been approached by a new customer to provide 2000 units of its regular product
as you have learned in this weeks readings the accounting equation is assets liabilities owners equity. is the
Collections during the year from down payments and installments totaled $300,000. Purchases for the year totaled $400,000; the cost of merchandise on hand at the end of the year was $80,000. Instructions: Using the installment-sales method, make s..
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