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A and B agreed to form a partnership. The partnership agreement stipulates the following:
Initial capital of ?300,000.
A 25:75 interest in the equity of the partnership.
Problem 1: A contributed ?100,000 cash, while B contributed ?200,000 cash. Which partner should provide additional investment (or withdraw part of his investment) in order to bring the partners' capital credits equal to their respective interests in the equity of the partnership?
create a cost-benefit analysis to evaluate the projectthe state of massachusetts would like to replace a national guard
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Prepare journal entries to record the following transactions related to long-term bonds of Quirk Co. On July 1, 2011 Quirk retired $150,000 of the bonds at 102 plus accrued interest. Quirk uses straight-line amortization.
How much will be depreciated in year five and in year six using the straight-line method of depreciation, and assuming the salvage value is still $5,000
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Prepare the depreciation table for XYZ's truck, assuming that the company uses the straight-line method for depreciation
A company is considering the possibility of raising Rs 100 million, by issuing debt, preference capital, and equity and retaining earnings. The book values and the market values of the issues are as follows:
M contributes $38,000 to the partnership and the bonus method is used. What amount will be credited for M's beginning capital balance
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royale mortgage company uses a process cost system to accumulate costs in its loan application department. when an
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