User Account

All Pages

What is the capital of john and joseph after admitting jude

Assignment Help Financial Accounting
Reference no: EM132891278

Question 1: John and Joseph capital is ?900,000 and ?600,000, respectively. Profit share ratio, 6:4. Jude invested ?500,000 for a 30% interest in the partnership. What is the capital of John and Joseph after admitting Jude?

a. 560,000; 840,000

b. 840,000; 560,000

c. 600,000; 900,000

d. 900,000; 600,000

Reference no: EM132891278

Questions Cloud

Establish a service of type in china : a. In order to set up an office, what will the travel company need to check to see if it can establish a service of its type in China?
Who among the partners should be the first to receive cash : Who among the partners should be the first to receive cash as it becomes available? On December 31, 2020, the statement of financial position of ABC Partnership
What is the forecast for period 15 : A hospital records the number of floral deliveries its patients receive each day. For a two-week period, the records show
What are the strategies for implementing change : What are the strategies for implementing change?
What is the capital of john and joseph after admitting jude : Profit share ratio, 6:4. Jude invested ?500,000 for a 30% interest in the partnership. What is the capital of John and Joseph after admitting Jude?
What is the legal theory for ukraine : What is the legal theory for Ukraine? Explain and Evaluate legal theory on having a subsidiary in Ukraine and New Zealand?
How does an islamic bank deal in mudaraba : Question 1. What makes Islamic economic system different from socialism and capitalism?
What is the share of f from net income of the partnership : The DEF reports net income of ?60,000. What is the share of F from the net income of the partnership, if he was given a capital ratio of 20%?
Destination loyalty modeling of the global tourism : Please review the following article (Wu, C. W. (2016). Destination loyalty modeling of the global tourism. Journal of Business Research, 69(6), 2213-2219.)

Reviews

Write a Review

Financial Accounting Questions & Answers

  What is the standard deviation of the return on asset

What is the covariance? What is the standard deviation of the return on Asset 1? What is the Standard deviation of the return on asset 2 ?

  Identify the generally accepted accounting concept principle

Identify the generally accepted accounting concept principle, which expects to discontinue operations next month, records an equipment purchase

  Prepare the journal entry to record bad debts

Prepare the journal entry to record bad debts for the year if Dean estimates its bad debts at 1% of net credit sales.

  Prepare necessary journal entriesprepare the necessary

prepare necessary journal entriesprepare the necessary general journal entries for the month of october for the

  How has globalisation impacted security registration cost

Why is security registration and regulation a costly process for an entrepreneurial firm? How has globalisation impacted security registration and regulation

  What should be the balance of the ordinary share capital

If the share capital has no par value and no stated value, what should be the balance of the Ordinary Share Capital

  Compute the current ratio as of the beginning of the month

Compute the current ratio as of the beginning of the month and after each transaction. Compute the acid-test ratio as of the beginning of the month and after each transaction.

  What amount will amira initially measure the bond liability

Amira classifies the bonds at amortized cost. What amount will Amira initially measure the bond liability at on recognition date?

  What is the amount of gross profit earned by abbey co

Abbey Co. issued a credit memo for $2,500 for merchandise returned that originally cost $1,800. Gomez Co. paid the invoice within the discount period. What is the amount of gross profit earned by Abbey Co.?

  Journalize the december transactions on the aman accounting

Practice during December 2019, Journalize the December transactions on the "Aman's Accounting Practice Pty Ltd." book of journal as follows.

  Compute the cost of goodwill purchased by golden

Show on a transaction worksheet how Golden accounts for the purchase of Ryanair. Compute the cost of goodwill purchased by Golden.

  Is Internal controls exist because most people cant trusted

Is Internal controls exist because most people can't be trusted. Moyer Instruments is a rapidly growing manufacturer of medical devices

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