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Will Beck, Ron Beck, and Barb Beck formed the BBB Partnership by making capital contributions of $183,750, $131,250, and $210,000, respectively. They predict annual partnership net income of $225,000 and are considering the following alternative plans of sharing income and loss: (a) equally; (b) in the ratio of their initial capital investments; or salary allowances of $40,000 to Will, $30,000 to Ron, and $45,000 to Barb; interest allowances of 10% on their initial capital investments; and the balance shared equally. references Problem 12-3A Part 3 3. Prepare the December 31 journal entry to close Income Summary assuming they agree to use plan (c) and that net income is $104,500. Also close the withdrawals accounts.
John Tomlinson identified five different ways of thinking about cultural imperialism: (1) as cultural domination, (2) as media imperialism,
What is the purpose of International Relations theory and what is the purpose of the state - describe the difference between scientific realism and transactional social constructionism
Management of Rivers Co. anticipates that its year-end balance sheet will show current assets of $12,801 and current liabilities of $7,420. Management is considering paying $3,830 of accounts payable before year-end even though payment isn't due u..
Conflicts in Measuring Progress Many large Asian cities have used the Western model of growth as they expand. This model has deep ties to capitalist society, including the notion that progress is measured by advances in luxury, convenience and econom..
What role does a civilian oversight committee have in ensuring authoritative powers are not abused as it applies to acts of discretion?
During 2010, the first year of operations, Yaspo's Bakery had revenues of $60,000 and expenses of $33,000. The business had owner drawings of $18,000. What is the amount of owner's equity a December 31, 2010?
Discuss how Chinese, Japanese,Taiwanese, Vietnamese developin Dubai and how they make growth. How and what business has being made in Dubai by them?
Compare a line from one of the romantic poets to one of the Romantic landscape paintings. Describe what you think the poet and the painter is evoking about nature with these works. Describe aspects of the Romantic view of nature that exist today?
Indicate your approximate age at the time of the accomplishment, as well as enough information to provide a picture of what it was you accomplished and why it was important to you.
Assess the economic impact of war (i.e. World war I, World War II, Korean War and t he Vietman War) on Japan and did the U.S. Occupation of Japan achieve its stated objectives of demilitarization and democratization? Be specifi
What are the "Allegory of Cave" and "The Divine Line" and What are Plato's theories of knowledge, purpose of education and obligations of philosophers
The assignment is suppose to be NO longer than 3 pages, double spaced.Part of the work of this course is to expand our narratives about language learning
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