What salvoro and diputado capital accounts

Assignment Help Financial Accounting
Reference no: EM132893470

Question 1: Salvoro, Diputado, and Vincoy are in a partnership. Vincoy decides she wants to withdraw from the partnership by selling her interest to Aranas. Salvoro and Diputado agree to this. Salvoro and Diputado's capital accounts

A. will increase when Aranas is admitted?

B. will not be affected when Aranas is admitted.

C. will decrease when Aranas is admitted

?D. cannot be determined from the information given

Reference no: EM132893470

Questions Cloud

How four forces for change may impact on alphabet games : Describe how four forces for change may impact upon Alphabet Games. In doing so, you must use a recognized analytical framework.
Component parts for us assembly operations : You are CFO of a US firm whose wholly own subsidiary in Mexico manufactures component parts for your US assembly operations.
What will be the amount in bello capital account : The capital balances before the sale were P240,000 and P360,000, respectively. What will be the amount in Bello's capital account?
Define the product-service with value proposition or usp : Define the product / service with value proposition or USP (the company is boohoo a UK based online fashion retailer business)
What salvoro and diputado capital accounts : What Salvoro and Diputado's capital accounts? Salvoro, Diputado, and Vincoy are in a partnership. Vincoy decides she wants to withdraw from the partnership
Private insurance or a governmental responsibility : Is the issue of care for the elderly a family responsibility or a private insurance or a governmental responsibility
What are the four components of an information system : 1. What are the four components of an information system? 2. What is an intranet? Give specific examples of benefits for firms that set up their own intranets.
Compiling your exemplar project : Compile all of your completed course project assignment deliverables. Place them in the proper order, and save them in a single Microsoft Word document.
What amount yap be allowed to withdraw from partnership : If each partner had a capital balance of P200,000 prior to Yap's notification of withdrawal, what amount should Yap be allowed to withdraw from the partnership?

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!

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