Business
Business, 30.04.2021 19:30, ava108

Partners Maness and Joiner have decided to liquidate their business. The ledger shows the following account balances: Cash $ 25,000 Accounts Payable $ 15,000 Inventory 120,000 Maness, Capital 65,000 Joiner, Capital 65,000 Maness and Joiner share profits and losses in an 8:2 ratio. During the first month of liquidation, half the inventory was sold for $40,000, and $10,000 of the accounts payable was paid. During the second month, the rest of the inventory was sold for $30,000, and the remaining accounts payable were paid. Cash was distributed at the end of each month, and the liquidation was completed at the end of the second month. Required: Prepare a statement of partnership rea

answer
Answers: 2

Other questions on the subject: Business

image
Business, 22.06.2019 15:00, darrengresham999
Match the terms with the appropriate definition. 1. work done for pay job 2. series of related jobs based on knowledge, training, tasks performed, interests, and experience career 3. buying or selling products and services using the internet mediation 4. wage amount after deductions are withheld net wage 5. a way a person chooses to live his or her life e-commerce 6. the people who are both able and willing to work technology 7. unequal treatment of others based on a bias concerning a person’s characteristics such as race, religion, gender, or age discrimination 8. the act of sharing information lifestyle 9. the use of a third party to make suggestions workforce 10. knowledge and tools used to perform tasks communication
Answers: 2
image
Business, 22.06.2019 19:30, darkremnant14
Problem page a medical equipment industry manufactures x-ray machines. the unit cost c (the cost in dollars to make each x-ray machine) depends on the number of machines made. if x machines are made, then the unit cost is given by the function =cx+βˆ’0.3x2126x31,935 . how many machines must be made to minimize the unit cost?
Answers: 3
image
Business, 22.06.2019 21:20, haileymaree
1. what are the unique operational challenges to delivering fresh meals? 2. why is speed of delivery so important for delivered meals? what variety of options contribute to this performance metric? 3. how could operations management concepts be utilized to improve the performance of freshly? 4. what are your typical product delivery times? what would be required to speed these up? 5. what are your delivery batch quantities? how could you reduce batch size and reduce delivery cost simultaneously using operations management concepts?
Answers: 2
image
Business, 23.06.2019 04:50, xTrippyBeach4201x
Which of the following results from the latest decision round is most important in providing guidance to company managers make in strategic moves and decisions to improve their companies competitiveness and rank among the top-performing companies in the current decision round
Answers: 3
Do you know the correct answer?
Partners Maness and Joiner have decided to liquidate their business. The ledger shows the following...

Questions in other subjects:

Konu
Biology, 22.09.2020 03:01
Konu
Mathematics, 22.09.2020 03:01
Konu
Biology, 22.09.2020 03:01