Business, 15.10.2019 23:30 mlesky7901

Susie q is a cash-basis taxpayer, is a partner in s & p accounting services. as part of the partnership agreement, susie q is to receive 35% of the partnership’s profits or losses. the partners may each make withdrawals of $9,000 each month for living expenses. susie q withdrew $99,000 during the year as her monthly draw in 2019. last year susie q received $30,000 as her share of distributed 2019 profits. in october the partnership fell short on cash so susie q as her other partners was required to invest an additional $15,000 in the partnership. the partnership earnings before partners’ withdrawals for 2019 totaled $900,000. compute susie q’s gross income from the partnership for 2019.

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 00:50

Consider each of the following cases: case accounting break-even unit price unit variable cost fixed costs depreciation 1 127,400 $ 38 $ 25 $ 711,000 ? 2 124,000 ? 41 2,500,000 $ 900,000 3 5,753 117 ? 171,000 100,000 required: (a) find the depreciation for case 1. (do not round your intermediate calculations.) (b) find the unit price for case 2. (do not round your intermediate calculations.) (c) find the unit variable cost for case 3. (do not round your intermediate calculations.)

Answers: 2

Answer

Business, 22.06.2019 07:30

1 2 3 4 5 6 7 8 9 10time remaining59: 30in the dark game, how does the author develop the central idea that elizabeth van lew was a spymaster during the civil war? 1 2 3 4 5 6 7 8 9 10time remaining59: 30in the dark game, how does the author develop the central idea that elizabeth van lew was a spymaster during the civil war?

Answers: 1

Answer

Business, 22.06.2019 08:30

Blank is the internal operation that arranges information resources to support business performance and outcomes

Answers: 2

Answer

Business, 22.06.2019 17:30

Betty contracted with scooby’s skate store to deliver a pair of skates to jake for his birthday. scooby’s owner was going on a trip and delegated the delivery of the skates to brian. brian failed to make delivery.can jake sue brian for breach of contract, as he was not a party to the original contract? explain your answer. brian was not a party to the original contract. why would a court hold him responsible for failing to make delivery? if you do not think a court would hold him responsible, explain your answer. can jake sue scooby’s skates for breach of contract? explain your answer.

Answers: 2

Answer

You know the right answer?

Susie q is a cash-basis taxpayer, is a partner in s & p accounting services. as part of the par...

Questions