Which of the following statements best describes accounting for a partnership?
a. a partners...
Which of the following statements best describes accounting for a partnership?
a. a partnership may be a profit or a nonprofit entity.
b. a partnership may use federal income tax rules to account for transactions in their journals and ledger accounts.
c. a partnership's equity section contains both capital and retained earnings accounts.
d. a partnership may only distribute money through a dividend payment.
Answers: 3
Business, 21.06.2019 16:40, josephfoxworth
Acme published a story about paul and as a result paul sued acme for damage to his reputation, emotional distress, and punitive damages. paul won an award of $20,000 for damages, $5,500 for emotional distress, and $50,000 for punitive damages. what amount must paul include in his gross income
Answers: 1
Business, 21.06.2019 19:10, ebonsell4910
King fisher aviation is evaluating an investment project with the following case flows: $6,000 $5,500 $7,000 $8,000 discount rate 14 percent what is the discounted payback period for these cash flows if the initial cost is 15,000? what if the initial cost is $12,000? what if the cost is $16,000?
Answers: 1
Business, 21.06.2019 20:30, sjanem03
Which of the following statements regarding the learning curve and economies of scale is accurate? answers: just as diseconomies of scale are presumed to exist if a firm gets too large, there is a corresponding increase in costs in the learning-curve model as the cumulative volume of production grows. where diseconomies of scale are presumed to exist if a firm gets too large, there is no corresponding increase in costs in the learning-curve model as the cumulative volume of production grows. where diseconomies of scale are presumed to exist if a firm gets too small, there is no corresponding increase in costs in the learning-curve model as the cumulative volume of production grows. just as diseconomies of scale are presumed to exist if a firm gets too small, there is a corresponding increase in costs in the learning-curve model as the cumulative volume of production grows.
Answers: 1
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