subject
Business, 05.09.2020 09:01 alexabdercmur

Following is the balance sheet of A and B who share profits and losses in the ratio of 2 : 1 as at 31st March, 2018 :
Liabilities
Assets

A's Capital
B's Capital
Reserves
Profit and Loss A/c
Sundry Creditors
3,00,000 Cash and Bank
2,00,000 Sundry Debtors
70,000 Stock
50,000 plant and Machinery
80,000 Goodwill
Advertisement Expenditure
7,00,000
25,000
2,00,000
2,15,000
1,80.000
60,000
20,000
7,00,000
th
They admit C as a partner from 1st April 2018 with th share in the profits of the
4
firm. C brings 3,20,000 as his Capital. Give journal entries for the adjustment of
goodwill,

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 19:50
Aproduction line has three machines a, b, and c, with reliabilities of .96, .86, and .85, respectively. the machines are arranged so that if one breaks down, the others must shut down. engineers are weighing two alternative designs for increasing the line’s reliability. plan 1 involves adding an identical backup line, and plan 2 involves providing a backup for each machine. in either case, three machines (a, b, and c) would be used with reliabilities equal to the original three. a. compute overall system reliability under plan 1. (round your intermediate calculations and final answer to 4 decimal places.) reliability b. compute overall system reliability under plan 2. (round your intermediate calculations and final answer to 4 decimal places.) reliability c. which plan will provide the higher reliability? plan2plan1
Answers: 3
question
Business, 22.06.2019 21:50
Required: 1-a. the marketing manager argues that a $5,000 increase in the monthly advertising budget would increase monthly sales by $9,000. calculate the increase or decrease in net operating income. 1-b. should the advertising budget be increased ? yes no hintsreferencesebook & resources hint #1 check my work 8.value: 1.00 pointsrequired information 2-a. refer to the original data. management is considering using higher-quality components that would increase the variable expense by $2 per unit. the marketing manager believes that the higher-quality product would increase sales by 10% per month. calculate the change in total contribution margin. 2-b. should the higher-quality components be used? yes no
Answers: 1
question
Business, 23.06.2019 00:00
Which of the following is not a factor to consider when deciding whether to accept a special order? whether this order will hurt the brand name of the company whether other potential orders would be more profitable whether additional fixed costs would need to be incurred whether the offered price is sufficient to cover prime costs and fixed overhead allocated all of the above
Answers: 2
question
Business, 23.06.2019 03:00
Predict how the price of athletic shorts would change if schools banned their use
Answers: 2
You know the right answer?
Following is the balance sheet of A and B who share profits and losses in the ratio of 2 : 1 as at...
Questions
Questions on the website: 13722367