User Account

All Pages

How much will property be recorded as investment of isabel

Assignment Help Financial Accounting
Reference no: EM132765196

Problem 1: As a partner in the new partnership, Isabel contributed Furniture and Fixtures that cost P900,000 with a book value of P300,000 after four years of use without salvage value. The partners agreed that the said property should have been depreciated over a 10-year useful life. How much will the property be recorded as investment of Isabel?

Reference no: EM132765196

Questions Cloud

How much is the capital of jen after the formation : Jen contributed P100,000 and Annamarie gave P84,000 in identifiable assets. How much is the capital of Jen after the formation of the partnership?
Describe the board for your specific region : Describe the differences between a board of nursing and a professional nurse association. Describe the board for your specific region/area.
How much is the total capital of the new partnership : Assuming capital are based on their profit and loss agreement, how much is the implied bonus? how much is the total capital of the new partnership?
How many shares of stock would the partners receive : The capital stock of the corporation will have a par value of P100. Upon incorporation, how many shares of stock would the partners receive
How much will property be recorded as investment of isabel : As a partner in the new partnership, Isabel contributed Furniture. How much will the property be recorded as investment of Isabel?
Discuss aspects of a health concern : Discuss aspects of a health concern not being addressed despite the efforts of services and partnerships involved and describe the ultimate outcome(s).
Performance standard measures to achieve national benchmarks : Evaluate the role of decision making by the health care leader for any of the performance standard measures to achieve national benchmarks.
How much is capital balance of jose in the new partnership : Assuming the each partner is credited for the full amount of net assets invested, how much is capital balance of Jose in the new partnership?
Reflect on the role of professional nurses : In the Module 4 Discussion, you considered how professional nurses can become involved in policy-making. A critical component of any policy design is evaluation

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd