Paul and roger are partners who share income in the ratio of 3: 2. their capital balances are $90,000 and $130,000, respectively. income summary has a credit balance of $50,000 after the second closing entry. what is roger's capital balance after closing income summary to the capital accounts?
a) $150,000
b) $110,000
c)$115,000
d) $155,000
Answers: 1
Business, 22.06.2019 16:30, emmmssss21
Bernard made a gift of $500,000 to his brother in 2014. due to bernard’s prior taxable gifts he paid $200,000 of gift tax. when bernard died in 2019, the applicable gift tax credit had increased. at bernard’s death, what amount related to the $500,000 gift to his brother is included in his gross estate?
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Business, 22.06.2019 20:00, kylewinfrey2638
If an investment has 35 percent more nondiversifiable risk than the market portfolio, its beta will be:
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At present, the united states has an embargo against north korea because a. the two countries have extremely poor political relations. b. north korea will not adopt a capitalist government. c. north korean products are too difficult to use. d. north korea has an embargo on american products. e. products from north korea are in higher demand than american-made products.
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Paul and roger are partners who share income in the ratio of 3: 2. their capital balances are $90,00...
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